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|Founded||1 July 2015|
|Founder||Nikolay Storonsky, Vlad Yatsenko|
|Headquarters||London, United Kingdom|
|Nikolay Storonsky (CEO)|
|Products||Current Accounts, Debit Cards, Insurance, Peer-to-peer lending, Remittance|
|Services||Peer-to-peer payments, Currency Exchange|
Number of employees
|630+ (Dec 2018)|
Revolut Ltd is a UK financial technology company that offers banking services including a prepaid debit card (MasterCard or Visa), currency exchange, cryptocurrency exchange and peer-to-peer payments. The Revolut mobile app supports spending and ATM withdrawals in 120 currencies and sending in 29 currencies directly from the app. It also provides customers access to cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and XRP by exchanging to or from 25 fiat currencies. 
Revolut currently charges no fees for the majority of its services (but for a capped usage), and uses inter bank exchange rates for its currency exchange on weekdays, and charge a markup from 0.5% to 1.5% on weekends.
On 26 April 2018, Revolut announced that it had raised a further $250 million in a funding round led by Hong Kong-based DST Global, reaching a total valuation of $1.7 billion and thus becoming a unicorn. DST Global was founded by Yuri Milner, who has been backed by the Kremlin in his previous investments.
In December 2018, Revolut secured a Specialised Bank licence from European Central Bank, facilitated by the Bank of Lithuania. Having secured a Specialised Bank licence, Revolut is authorised to accept deposits and offer consumer credits. The main difference between a specialised and a full-range bank is that the former is not authorised to provide investment services. At the same time, an Electronic Money Institution licence was issued by the Bank of Lithuania.
In March 2019, an exposé of the company's employment practices and culture was published by Wired. This found evidence of unpaid work, high staff turnover and employees being ordered to work weekends to meet performance indicators. It was also revealed the company's Chief Financial Officer had quit, following allegations of compliance lapses.
As of July 2019, the company claimed to have over 6 million users. That same month, Revolut launched commission-free NYSE & NASDAQ stocks trading within its app for customers in its "Metal" plan.
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