Revolut Ltd Credit Rating
Revolut Ltd does not currently have a public long-term credit rating from the major agencies, so no rating is shown here. That is common among smaller and newer UK banks and is not in itself a sign of financial weakness — ratings are typically sought by institutions that raise debt in wholesale markets. Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately.
Rating History
Latest News
Is Revolut safe? What the record shows
Revolut has no public credit rating, so there is no agency opinion to report. What follows is the verifiable record instead: each statement is taken from the source named beneath it, last checked 12 October 2026. It is information, not advice.
Banking licence
Revolut applied for a UK banking licence in January 2021. The PRA authorised Revolut Bank UK Ltd with restrictions (the 'mobilisation' stage) on 25 July 2024, and the restrictions were lifted on 11 March 2026, giving it a full UK banking licence (FCA firm reference 981170). Until migration, UK customers were served by Revolut Ltd, an FCA-regulated e-money institution, not a bank.
Source: TechCrunch, 25 July 2024 and 21 April 2026; City AM, 9 September 2026, 11 Mar 2026Revolut began moving its roughly 13 million UK customers from Revolut Ltd (e-money) to Revolut Bank UK Ltd in batches during 2026. As of August 2026 the migration was still in progress. The entity shown under 'Account details' in the app tells you which you are with: 'Revolut Bank UK Ltd' means a bank account with FSCS cover; 'Revolut Ltd' means an e-money account that is safeguarded but not FSCS-protected.
Source: Revolut blog: is Revolut a fully licensed bank in the UK?, 31 Aug 2026Ownership and funding
Revolut Group Holdings is private. A secondary share sale in November 2025 valued it at $75 billion (up from $45 billion in 2024); a further secondary sale reported in July 2026 was at $115 billion. Management has spoken of an IPO around 2028.
Source: TechCrunch, 24 November 2025 and 21 April 2026, 22 Jul 2026Size
Revolut reported 12 million UK customers in October 2025 and over 80 million customers worldwide by September 2026. UK customer deposits held by the UK bank have not been separately disclosed.
Source: TechCrunch, 14 October 2025 and 12 September 2026, 12 Sep 2026Profitability
Revolut Group made a profit before tax of £1.7 billion in 2025, up 57%, on revenue of £4.5 billion (2024: net profit £790 million on revenue £3.1 billion). These are group figures across all countries, not the UK bank's.
Source: Revolut Annual Report 2025, as reported by TechCrunch (21 April 2026) and AML Intelligence (10 June 2026), 31 Dec 2025Capital strength
Revolut Bank UK Ltd has not published a standalone capital ratio in a form we could verify.
Source: Revolut investor pages (not machine-readable at time of checking), 12 Oct 2026Regulatory record since 2020
In October 2025 the Bank of England delayed lifting Revolut's UK licence restrictions over risk-management concerns; the restrictions were lifted five months later.
Source: TechCrunch, 14 October 2025, 14 Oct 2025In April 2025 the Bank of Lithuania fined Revolut Bank UAB, the group's EU bank, a record €3.5 million for anti-money-laundering failings. In July 2025 the European Central Bank restricted the EU bank from launching new products pending an independent review of its risk and compliance processes.
Source: AML Intelligence, 10 June 2026 and 10 July 2026, 31 Jul 2025Credit ratings
No public rating from S&P, Moody's or Fitch was found for Revolut Bank UK Ltd or Revolut Group Holdings.
Source: Revolut investor pages, 12 Oct 2026Deposit protection
Deposits with Revolut Bank UK Ltd are protected by the FSCS up to £120,000 per depositor. Money with Revolut Ltd (e-money) is safeguarded rather than FSCS-protected, and customers of Revolut Bank UAB are covered by Lithuania's deposit scheme up to €100,000. Revolut's savings products are held with partner banks and count towards those banks' FSCS limits.
Source: Revolut blog: is Revolut a fully licensed bank in the UK?, 31 Aug 2026Operational incidents
In September 2026 Revolut confirmed a data breach in which identity documents, selfies and statements of a limited number of customers were disclosed to a scammer using a legitimate government-agency email domain; the attackers demanded a $3 million ransom.
Source: TechCrunch, 12 September 2026, 12 Sep 2026In October 2024 BBC Panorama reported customers who said Revolut, then an e-money firm, had failed to refund them after scams.
Source: BBC News, 14 October 2024, 14 Oct 2024Frequently asked questions about Revolut Ltd
Is Revolut Ltd safe?
Revolut Ltd has no public long-term credit rating from the major agencies, so there is no rating to assess here. A missing rating is not evidence of weakness — many smaller and newer UK banks simply do not seek one. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is Revolut Ltd's credit rating?
Revolut Ltd does not have a publicly available long-term issuer credit rating from S&P, Moody's or Fitch.
Is Revolut Ltd covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. Revolut Ltd is recorded with FCA reference 981170. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns Revolut Ltd?
Revolut Ltd is owned by Private (VC-backed). Ownership matters for credit ratings because agencies often factor in the likelihood of support from a parent group, and because brands under the same banking licence share a single FSCS limit.
Is Revolut a real bank?
Revolut applied for a UK banking licence in January 2021. The PRA authorised Revolut Bank UK Ltd with restrictions (the 'mobilisation' stage) on 25 July 2024, and the restrictions were lifted on 11 March 2026, giving it a full UK banking licence (FCA firm reference 981170). Until migration, UK customers were served by Revolut Ltd, an FCA-regulated e-money institution, not a bank.
Is Revolut profitable?
Revolut Group made a profit before tax of £1.7 billion in 2025, up 57%, on revenue of £4.5 billion (2024: net profit £790 million on revenue £3.1 billion). These are group figures across all countries, not the UK bank's.
Has Revolut been fined by the FCA?
In October 2025 the Bank of England delayed lifting Revolut's UK licence restrictions over risk-management concerns; the restrictions were lifted five months later. In April 2025 the Bank of Lithuania fined Revolut Bank UAB, the group's EU bank, a record €3.5 million for anti-money-laundering failings. In July 2025 the European Central Bank restricted the EU bank from launching new products pending an independent review of its risk and compliance processes.
Who owns Revolut?
Revolut Group Holdings is private. A secondary share sale in November 2025 valued it at $75 billion (up from $45 billion in 2024); a further secondary sale reported in July 2026 was at $115 billion. Management has spoken of an IPO around 2028.