Revolut is making its debut in brick-and-mortar retail with the opening of its first physical store in Barcelona.
As fintech firms look beyond apps to build trust, Revolut is bringing its digital-first model into the physical world.
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Global financial technology company Revolut exclusively confirmed to Euronews that it plans to open its first permanent physical store in Barcelona.
“We chose Barcelona as the place to pilot our physical stores because it combines local density, global relevance, tourism and innovation,” a spokesperson told Euronews Business.
The London-headquartered company said the store is intended to engage directly with consumers and make financial technology more accessible to the public.
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko as a digital app.
Today, it offers multi-currency accounts and instant money transfers. Revolut is also expanding into banking services such as loans, aiming to position itself as one of Europe’s leading digital banking platforms.
Revolut has not revealed the exact location of the store, nor the precise services it intends to provide on-site.
The company said it would "by no means be a traditional bank branch," but instead a "high-visibility, immersive space".
It added that a physical presence could help build trust with customers.
The project is still in its early stages, and the company said the opening timeline would depend on construction progress. It added that it was keen to complete the project soon, but could not confirm whether the store would open this year.
Since its launch in 2015, Revolut has grown into Europe’s most valuable start-up, with rapid expansion across payments and broader banking services.
A watershed year
The company recently reported record 2025 results, with revenue up 46% and profit before taxes rising by 57%, driven by higher customer fees and strong growth in lending products.
Its loan portfolio increased by 120% over the year as it continues to expand its global banking ambitions.
“2025 was another landmark year. We have built a diversified, resilient business that is profitable at scale, providing the foundation for our next phase of growth," co-founder and CEO Nik Storonsky said in a statement upon the release of the latest earnings report.
The firm is pursuing banking licences in multiple countries as part of its global strategy, expanding its ability to offer regulated banking products.
It has secured UK banking status this year and is targeting approvals in France and the United States. It now serves around 70 million customers worldwide.
Across Europe, Revolut has already established a strong presence. It says France, Spain and Poland are among its strongest European markets, with more than 30% of adults opening an account in the past three years.
In its outlook for 2026, Revolut said it remains committed to a £10bn (€11.6bn) investment plan over the next five years, including the creation of 1,000 jobs in the UK.
Revolut also expects to reach 100 million customers by mid-2027.
An IPO on the horizon?
Investors are closely watching Revolut’s plans for an initial public offering (IPO). The FT reported last week that Revolut is aiming for a valuation of up to $200bn (€170bn) in a stock market listing, which is not planned before 2028.
The company has also announced plans to expand its presence in Spain, including a new office in Barcelona. It plans to hire 300 people in the region by 2028, bringing total staff numbers to around 1,000.
It also plans to open a new office in Madrid by the end of the year, with a further 500 hires expected by 2028.
