The British financial company offers banking services such as prepaid cards, currency exchange and payments.
“One in six Swiss people aged between 20 and 64 uses Revolut, confirming its status as the leading digital banking solution in Switzerland,” the company said in a statement.
The number of transactions is also growing strongly, standing at 53 million in the first quarter of 2025, almost double the number recorded in the same period a year earlier.
Revolut said its success was achieved solely through recommendations and word of mouth, and not by resorting to the use of large-scale marketing campaigns.
“Reaching one million private customers in Switzerland is proof of the value we offer,” said Julian Biegmann, group director for Switzerland, said more products would be added to virtual Swiss IBANs, QR code payments and access to investment products.
The company has set itself the goal of continuing on the path of expansion and acquiring at least 250,000 new customers in Switzerland each year.
Revolut is a fintech founded in 2015 that is based in London. Its products reach 80 million customers who make over 800 million transactions every month.
More
More
Swiss banks failing to embrace digital technology
This content was published on
Swiss banks are falling further behind in the global digitalisation race, according to a study by Deloitte.
We select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate them into English. A journalist then briefly reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team.
Did you find this explanation helpful? Please fill out the short survey on this page to help us understand your needs.
More
Controversial Russian soprano Anna Netrebko returns to Zurich
This content was published on
Russian soprano Anna Netrebko, who is said to be close to Russian president Vladimir Putin, to perform at the Zurich Opera House.
This content was published on
Multiple births following artificial insemination in Switzerland have fallen sharply over the last 20 years, shrinking from 17.4% in 2002 to 2.8% in 2023.
This content was published on
Three independent UN experts call on Switzerland and other countries to redouble efforts a year after a ECHR ruling in favour of Climate Elders.
“No US tariff negotiations”: Swiss economics minister
This content was published on
Switzerland has yet to enter formal tariff negotiations with the United States despite making contact with the administration.
Soaring cocoa prices hit Swiss chocolate maker Barry Callebaut
This content was published on
Swiss chocolate maker Barry Callebaut suffered from soaring cocoa prices in the first half of the 2024-2025 financial year.
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC).
Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
Tariffs play a key role in US President Donald Trump’s economic strategy and diplomatic moves. But who truly benefits, and who pays the price? This video offers a quick overview of various tariffs and their impact on prices.
This content was published on
March 12, 2025 – 09:00
What is a tariff? Tariffs are taxes governments impose on imported goods and servicesExternal link, rendering foreign products more expensive than domestically produced alternatives.
These customs duties can be used to protect domestic industries from foreign competition, raise government revenue, or address trade imbalances. Tariffs can also be used for diplomatic leverage.