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Number of customers at selected European fintech companies in 2018 (in 1,000s)

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Release date

November 2019

Region

Europe

Survey time period

2018

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Number of customers at selected European fintech companies 2018

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 27, 2020
In recent years, alternative payment and money management services have been expanding their customer base and reaching more and more people, challenging the conventional way we pay, save and send money. In 2018, Revolut and TransferWise ranked first among European fintech payment companies by customer base, with ** customers each.

Transferwise The London-based Transferwise is an online money transfer service aiding customers to move money globally, track their transfers, and lower fees. In 2020, Transferwise was one of the leading European unicorns with a market value of **** billion U.S. dollars.

Revolut Revolut, also headquartered in London, is one of the most promising neobanks on the market. The company has two main pillars - to create a single platform that fulfills the financial needs of its customers, and to become global. Currently, Revolut's products are supported across ** countries worldwide. In the year ending December 2018, Revolut saw its revenues grow by more than ** million British pounds compared to the previous year.
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