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Revolut

Provider
FX / PayoutsCard IssuingPSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 3 categories.

revolut.com ↗Also analysed as a company — its own stack →
CategoriesFX / Payouts, Card Issuing, PSP
Rank#161 of 179 in FX / Payouts
Buyers3 companies
HeadquartersLondon, United Kingdom
Founded2015
FoundersNikolay Storonsky, Vlad Yatsenko
Raised~$1.7B+ (primary rounds)
RegulatoryConditional approval · National bank

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Founders & story · from Revolut’s own dossier

Founded in 2015 as a prepaid multi-currency travel card, Revolut rapidly evolved into a full-service neobank by layering in crypto, stock trading, insurance, and business accounts. After years operating under an e-money institution licence in the EU and a UK EMI licence, Revolut obtained a full UK banking licence in 2024, transitioning from a tech-led payments app to a regulated bank. The company's current strategy is to become the world's first truly global financial super app, offering retail banking, SME banking, investment services, insurance, and crypto under one platform across 100+ countries.

Latest round: Secondary share sale, 2025
Recent developments
  • 2026-09Conditional approval · Corporate Decision 1390 · 2026-09-02 — Revolut Bank US, N.A., national bank, OCC. Full US national bank for Revolut's US expansion, filed the same month it received its full UK banking licence. [charter] source ↗
  • 2025-01Secondary share sale led by Coatue, Greenoaks, Dragoneer, and Fidelity values Revolut at $75B — a 67% jump from the August 2024 $45B secondary valuation. source ↗
  • 2025-03Revolut surpasses 65 million customers across 100 countries and reports $1B in annualized revenue. source ↗
  • 2026-03Updated Customer Privacy Notice published (effective 17 March 2026), disclosing Revolut Bank UK Ltd as the deposit-taking entity. source ↗
Full dossier: Revolut’s own stack, layer by layer →
Charter application · Conditional approval
Revolut Bank US, N.A. · National bank · OCC · Stamford, CT · filed 2026-03-04.
Conditional approval · Corporate Decision 1390 · 2026-09-02
Full US national bank for Revolut's US expansion, filed the same month it received its full UK banking licence.
OCC letter ↗
Who uses Revolut
3 companies disclose Revolut in their stack
XoloRevolut BusinessAccountsOS
Buyer mix · 3 of 3 classified
Fintech / SMB banking · 1Horizontal SaaS / Accounting · 1Vertical SaaS / Freelancer & Solopreneur Management · 1
UK · 2EU · 1
What the disclosures say
Xolo
“Xolo Leap pricing page lists integrations with LHV, Wise, Revolut, Wamo, Payoneer, Stripe, and PayPal.”
Revolut Business
“Revolut's Payment Processing Services Agreement (revolut.com/legal/business-acquiring/) confirms Revolut Ltd is the direct payment processor for Revolut Business merchants.”
AccountsOS
“DPA sub-processor list names 'Revolut (Merchant) — Subscription billing for AccountsOS' (EEA/UK).”
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What Revolut runs on · from its own dossier
The third-party providers Revolut itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Revolut.
Sponsor Bank
Cross River
Card Network
VisaMastercard
Lending
Cross River
FX / Payouts
Currencycloud
KYC
FourthlineJumio
Open Banking
Tink
Full dossier with evidence for each layer →
Alternatives to Revolut

Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Currencycloud81 buyers →Airwallex80 buyers →Nium67 buyers →Wise Platform58 buyers →Stripe49 buyers →Convera33 buyers →Adyen26 buyers →Visa Direct23 buyers →
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Ranked #161 of 179 in FX / Payouts — Embedded Finance Index 2026
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Revolut — frequently asked

Which companies use Revolut?

3 companies are linked to Revolut in the Embedded Finance Index 2026, through their own public disclosures or Revolut's published customer list, including Xolo, Revolut Business and AccountsOS.

What does Revolut do?

Revolut is an embedded-finance provider in FX / Payouts, Card Issuing and PSP. It ranks #161 of 179 FX / Payouts providers by linked companies.

Is Revolut a bank?

Revolut has applied for a national bank charter for Revolut Bank US, N.A. with the OCC. Status: conditional approval (2026-09-02).

What are the alternatives to Revolut?

The most-named FX / Payouts alternatives to Revolut are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).

Who founded Revolut?

Revolut was founded by Nikolay Storonsky and Vlad Yatsenko and is founded in 2015, headquartered in London, United Kingdom.

How much funding has Revolut raised?

Revolut has raised ~$1.7B+ (primary rounds) in total.

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