Romanian users hold over EUR 1.2 billion in Revolut accounts, lending up 88%

British neobank Revolut released its Annual Report for 2024 on Thursday, April 24, reporting significant growth across all business segments and its fourth consecutive year of profitability. Romanian users and businesses also hold large amounts of money in their Revolut accounts and have used the lending facility extensively relative to the previous year.

The Revolut Group’s revenue increased by 72% to EUR 3.7 billion, up from EUR 2.1 billion in 2023, driven by both an expanding customer base and increased product utilization. Growth was seen in card payments, wealth, FX, and subscriptions.