Revolut Bank has become the largest bank in Romania in terms of the number of card users and is approaching the threshold of 5 million customers in this segment, according to Economica.net.

Revolut surpasses Banca Transilvania, the leader in the Romanian banking system by assets - which has issued some 4.6 million active cards. 

In 2024, the latest annual data transmitted by the digital bank, over 1 billion transactions were made with Revolut cards and it is expected that in 2025 the number of transactions was significantly higher.

Revolut, a British fintech company with 70 million retail customers in 40 countries, entered the Romanian market in May 2018, three years after its global launch.

Originally used for instant peer-to-peer transfers and currency exchanges, Revolut has added new products and services and has evolved into a leading bank account for payments, instant money transfers, consumer loans, savings, and investment platform. 

Today, the digital bank operates in Romania as a branch of the Lithuanian-licensed banking entity, Revolut Bank UAB, under the supervision of the European Central Bank (ECB) and the Bank of Lithuania.

iulian@romania-insider.com

(Photo source: the company)