Fintech leader Revolut is set to open its first permanent physical store in Barcelona. The company, known for its digital-first approach, aims to bridge the gap between online services and public accessibility.
A spokesperson stated Barcelona was chosen for its "local density, global relevance, tourism and innovation." The London-headquartered firm, founded in 2015, plans the store to be an "immersive space" rather than a traditional bank branch, focusing on customer engagement and building trust. The exact services and opening timeline are yet to be announced, pending construction progress.
Revolut, which offers multi-currency accounts and money transfers, is also expanding into banking services like loans. The company recently reported strong financial results for 2025, with significant revenue and profit growth, driven by increased customer fees and lending products. Its loan portfolio saw a 120% increase.
Co-founder and CEO Nik Storonsky highlighted 2025 as a "landmark year," establishing a diversified and profitable business. Revolut is actively pursuing banking licenses globally, having secured UK status and targeting France and the U.S. The company currently serves approximately 70 million customers worldwide, with strong markets in France, Spain, and Poland.
Looking ahead, Revolut plans a £10 billion investment over the next five years and aims to reach 100 million customers by mid-2027. The company is also preparing for a potential initial public offering (IPO), with reports suggesting a valuation target of up to $200 billion, though the listing is not expected before 2028.
In Spain, Revolut is expanding its footprint with a new office in Barcelona, planning to hire 300 people by 2028. Additionally, a new office in Madrid is slated to open by year-end, with an expected 500 hires by 2028.