Revolut announces stratospheric growth, exceeding 3 million customers in Spain

Revolut announces stratospheric growth, exceeding 3 million customers in Spain
Revolut announces stratospheric growth, exceeding 3 million customers in Spain

The British neobank continues to show itself as one of the main forces in digital banking worldwide

One of Revolut’s most popular services is its instant conversion to a multitude of currencies when paying by card.

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Revolutthe neobank of British origin that is showing itself as one of the main world references Regarding digital banking, it has announced great growth in the last year, with notable figures both internationally and nationally. In fact, Revolut In Spain it already has more than 3 million customersshowing itself to be a booming fintech entity, as reflected in its figures.

High growth figures for Revolut

Just like Revolut has officially announcedthe company has already reached 3 million customers in Spain, with a strong 112% increase compared to last year. In addition, they also already have more than 40 million customers globally, which makes them reveal themselves as one of the most popular fintech entities in the world. Currently, the company has great growth, something that also reflects the growing interest of society in this new type of banking.

Furthermore, Revolut is not only growing at the customer level, but also in the amount of money the company moves through transactions. So, in fact, it reflects the rise of 92% than there has been in Spain, which implies that Revolut, in our country, now moves almost double the amount of money compared to last year. And not only that, but, during 2024, Revolut will continue to migrate the IBAN of the accounts of the oldest clients so that start having a Spanish account number.

revolut smartphone

As a digital bank, Revolut allows you to manage your accounts online under a clean and intuitive interface

Your position in digital banking

Today, both in digital banking in particular As in the fintech sector in general, Revolut is one of the greatest exponents in terms of influence and popularity. Its services are mainly focused on working like a bank, although it is increasingly opening up to more services as an entity. For example, within your application there is also a cryptocurrency wallet where investments can be made in these blockchain-based currencies, or it also has eSIM mobile phone services with roaming.

In this way, bringing together several services within the same app, Revolut has one of the most dominant positions within its commercial segment, although there are also similar companies with a lot of weight in the sector. An example of this is, for example, N26, one of its main competitors, where there are also other services with a very varied sheet of products and services, and looking for audiences with different priorities. And that is the most interesting thing about neobanks: more attractive services compared to traditional banking, and a wide variety of approaches.

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