Cryptocurrency friendly bank Revolut has a private equity valuation of $115 billion, surpassing Barclays Bank in the UK and Societe Generale in France, becoming the most highly valued startup in Europe. Revolut has 80 million customers and a pre tax profit of £ 1.7 billion in 2025, lower than the £ 9 billion of Barclays Bank in the UK. As of the end of 2025, the loan size of Revolut is £ 2.2 billion, with a loan to deposit ratio of 6%, lower than HSBC's 55% and Societe Generale's 86%. Revolut is applying for more market licenses, expanding its business to Mexico and Australia, and holding temporary licenses in the United States. Revolut was fined in Lithuania for anti money laundering deficiencies and experienced a customer data breach in September. (Source: Reuters)
