# Revolut

> Revolut is a British-founded global neobank and financial technology company offering banking, currency exchange, and investing.

Source: https://www.neobank.wiki/wiki/revolut
Last updated: 2026-08-11
Categories: Financial technology, United Kingdom neobanks, Licensed neobanks, Super-app neobanks, Consumer neobanks, Companies founded in 2015

**Revolut** is a global [neobank](/wiki/neobank) and financial technology company founded in the United Kingdom in 2015 by Nikolay Storonsky and Vlad Yatsenko. It began as a multi-currency card for travellers and expanded into a broad "financial super-app" spanning banking, currency exchange, stock and crypto investing, and business accounts.[^rev1]

## History

Revolut launched in 2015 focused on fee-free foreign-exchange spending. It scaled rapidly across Europe and later pursued licences in multiple jurisdictions, securing a UK banking licence with restrictions in 2024.[^rev2]

## Founders

**[Nikolay Storonsky](/wiki/nikolay-storonsky)** (also known as Nik Storonsky) is the co-founder and chief executive officer of [Revolut](/wiki/revolut), the British-founded global [neobank](/wiki/neobank) and financial super-app. Born in 1984 in Russia and later based in London, Storonsky worked as a derivatives trader at Credit Suisse and Lehman Brothers. Frustrated by opaque foreign-exchange markups while travelling, he founded Revolut in 2015 (incorporating the company earlier) and invested personal capital to launch a multi-currency card with interbank-style rates. Under his leadership Revolut expanded into banking, investing, crypto and business accounts across dozens of markets and later secured a UK banking licence with restrictions. Storonsky has also founded the AI-driven venture firm QuantumLight.

**[Vlad Yatsenko](/wiki/vlad-yatsenko)** is co-founder and chief technology officer of Revolut. A software engineer who previously worked at Deutsche Bank and UBS, Yatsenko joined Storonsky early to build Revolut's product and infrastructure. He has overseen technology as Revolut evolved from a travel FX card into one of Europe's most valuable private fintech companies.

## Licences

Revolut's regulatory posture varies by market: it has operated under e-money and specialised licences across Europe and pursued full banking authorisations, including a UK banking licence with restrictions ("mobilisation") in 2024. Product availability (banking, trading, crypto) depends on local approvals.

## Products

The app bundles current accounts, multi-currency wallets, international transfers, budgeting tools, savings vaults, stock and cryptocurrency trading, and subscription tiers (Standard, Premium, Metal, Ultra). A separate Revolut Business product serves companies.

## Global expansion

Revolut operates across Europe and has expanded into markets including the United States, Japan, Australia, and Brazil, adapting its licensing approach to each jurisdiction.

## Infobox

- **Type**: Private
- **Founded**: 2015
- **Founders**: Nikolay Storonsky, Vlad Yatsenko
- **Headquarters**: London, United Kingdom
- **Products**: Banking, FX, investing
- **Model**: Licensed / super-app

## Frequently asked questions

### What is Revolut?

Revolut is a British-founded global neobank and financial technology company offering banking, currency exchange, and investing.

### When was Revolut founded?

Revolut was founded in 2015.

### Where is Revolut headquartered?

Revolut is headquartered in London, United Kingdom.

### Who founded Revolut?

Revolut was founded by Nikolay Storonsky, Vlad Yatsenko.

### What type of company is Revolut?

Revolut is described as Licensed / super-app in its neobank.wiki profile.


## References

[^rev1]: Revolut markets itself as a "financial super-app" spanning multiple product lines. — https://www.revolut.com/about-revolut/
[^rev2]: Revolut received a UK banking licence with restrictions ("mobilisation") in 2024. — https://www.bankofengland.co.uk/prudential-regulation/authorisations/which-firms-does-the-pra-regulate