Revolut Reports $1.7B Profit, Expands in Singapore

Fintech giant Revolut reported a 65% surge in net profit, reaching $1.7 billion in 2025, up from $1 billion in 2024.

Revenue climbed to $6 billion, driven by $1.3 billion each from card payments and interest income, plus $936 million from subscriptions.

The company now serves 68.3 million retail customers and 767,000 businesses, with $67.5 billion in customer balances and $1.7 trillion in transaction volume.

Revolut plans to triple its Singapore workforce to over 300 employees and move into its own office by year-end.

Singapore remains a key hub for regional expansion into Southeast Asia, with ambitions to become a "truly global bank".

While pursuing a digital banking license, Revolut emphasizes product innovation and local partnerships as critical to growth.