Financial app Revolut has today announced that it has hit 50 million customers around the world, including its 2.8 million customers in Ireland.
The company said it added over 10 million customers this year so far and is now the most downloaded financial app in Europe.
Revolut said that 2024 has been a "bumper" year for it, after it received a $45 billion valuation and was awarded a UK bank licence with restrictions from the Prudential Regulation Authority (PRA) whilst in the mobilisation stage.
It also said its 2023 group revenues had surpassed $2.2 billion with record profits before tax of $545m.
Nik Storonsky, CEO of Revolut, said that Revolut exists for one reason - to simplify money for everyone, everywhere.
"This year we've taken huge steps forwards - breaking records, accelerating the speed at which we're launching products and continuing to disrupt financial services globally," he said.
"We're moving faster than ever because we know the opportunity to revolutionise global financial services for our customers is still massive," he added.
Revolut said it has "aggressive" plans to continue to grow its customer base towards the 100 million milestone, while also rolling out new and innovative services to become the main bank of choice for its customers.
