Klarna Group plc

Revolut has 1 million customers in Sweden, with Klarna's services used by about 80% of the adult population of the country of ten million people

Revolut will open a branch in Klarna's home country as it battles for 3 million customers in Scandinavia

Nu Holdings Ltd.

Two fintech companies founded by Russian natives have become direct competitors in the Mexican banking market. They are Nikolay Storonsky's Revolut neobank and Plata Card, a startup by former top managers of Tinkoff Bank with investments from the bank's founder Oleg Tinkov and Baring Vostok founder Michael Calvey. Both companies have received full banking licenses from the national regulator, are focused on aggressive growth and are seeking IPOs. What will they fight for and what challenges might they face in Mexico?

Battle for Eldorado: what will Plata and Revolut fight for in Mexico?

One-fifth of Revolut's customers trade cryptocurrency

Revolut has obtained a crypto license in Cyprus. It is valid throughout the EU

MercadoLibre, Inc.

Brazilian fintech Nubank, marketplace MercadoLibre and startup Plata, founded by former top managers of Tinkoff, operate in the same marketplace

Revolut has obtained a full banking license in Mexico. Why is this market important?

HSBC Holdings plc

Lloyds Banking Group plc

Barclays PLC

Nikolay Storonsky, founder of Revolut, has <a href="https://www.bloomberg.com/news/articles/2025-10-07/revolut-s-billionaire-ceo-shifts-residence-from-uk-to-mideast">moved to</a> the UAE. One of the richest Britons, whose fortune according to the Bloomberg Billionaires Index exceeds $14 billion, took this decision a year ago, in anticipation of a major tax reform, abolishing from 2025 exemptions on foreign income and protection of foreign trusts. The UAE's lenient tax regime could help Storonsky save on taxes, especially if Revolut's IPO takes place, according to experts interviewed by Oninvest. However, the move has some disadvantages - British regulators are closely monitoring the change of residency

The Xi of residency: why did Revolut co-founder Storonsky trade London for Dubai?

Europe's most valuable startup has 65 million customers in 40 countries

FT: UK regulator delays Revolut's issuance of full banking license

Fintech company Revolut is considering the possibility of dual listing - simultaneously in New York and London, <a href="https://www.thetimes.com/business-money/companies/article/revolut-considers-75bn-dual-listing-in-new-york-and-london-5j2b96lxf">wrote the </a>British The Times, citing sources. Such an idea is being "widely discussed" in financial circles, a senior City source told the publication. According to the newspaper's source in Revolut, the company's founder Nikolay Storonsky said that the company will go on the stock exchange in London if there are more favorable conditions there. While earlier the businessman was skeptical about the placement in the UK and said it would be "irrational," The Times recalls.

Revolut is considering dual listing options in London and New York - The Times

Klarna

The list of promising IPO candidates includes a payment service, three neobanks and a corporate expense management platform

Following Klarna: the five most promising fintech IPO candidates

Robinhood Markets, Inc.

The UK fintech was founded in 2015 and has already surpassed HSBC in customer numbers