Revolut

Revolut achieved a record pre-tax profit of £1.7 billion in 2025, a 57% increase, with group revenue up 46% to $6 billion. This success fuels its U.S. expansion and follows its acquisition of a U.K. banking license. Business banking now accounts for 16% of total income, reflecting diversified revenue streams. The fintech giant, valued at $75 billion, aims to become a global bank.

Revolut has finally obtained a full U.K. banking license after a lengthy regulatory process. This approval enables the fintech giant to expand its offerings, including lending services, for both retail and business customers in the UK. This milestone is crucial for Revolut’s growth strategy and its mission to become a global digital bank. The company has also applied for a U.S. banking license and aims to enter 30 new markets by 2030.

Following Klarna’s successful IPO, speculation is mounting regarding the next fintech to go public. Stripe, valued at $91.5 billion, remains a strong contender, while Revolut, reaching a $75 billion valuation, is eyeing a US listing. Other potential IPOs include UK-based Monzo and Starling Bank, alongside Bulgaria’s Payhawk. Ripple and N26 are also possibilities, though their timelines and challenges differ. These companies are closely watching market conditions to capitalize on renewed investor interest in well-established, high-growth fintech firms.