Revolut

Revolut is a financial technology company that has offered app-based banking and money management services since 2015. Its stated mission is to give people more visibility, control and freedom over their money, and its customer base has grown to more than 80 million people worldwide, including 13 million in the UK. Companies in this category, often called neobanks, run most of their customer relationships through a mobile app instead of branches, which lets them roll out new features across many markets quickly.

The UK offering centres on a bank account for daily spending, sending money and salary management, alongside Instant Access Savings, which pays interest daily at rates that vary by subscription plan. Customers can also create virtual cards for Apple Wallet or Google Wallet, earn RevPoints on debit card purchases, and invest in more than 5,000 stocks and ETFs through Revolut Trading Ltd, which provides a non-advised, execution-only service. An AI assistant called AIR and a security service named Revolut Secure are also built into the app. Like many neobanks, Revolut pairs a free account with paid plans, including Premium, Metal and Ultra, which carry different savings rates, card options and trading fees.

Revolut's UK entities are registered at 30 South Colonnade in London, while its workforce of more than 10,000 people works from offices around the world and remotely. The company names its people and culture as central to its growth, has been certified as a Great Place to Work, and says it recruits people who enjoy building products that turn complexity into simple solutions. For a business operating across many jurisdictions, a workforce of this size spread around the world supports both product development and the regulatory and compliance work that multi-country financial services require.