Country ranking by user number

21

Updated
Thanks guys!

Interesting that… :thinking:

  • such huge difference between Latvia and Lithuania!
  • Norway has top-up, Bulgaria with more users does not even have their Lev as currency
  • nor has Hungarian Forint a top-up, with more users than Scandinavia combined
Rank Country Users
1 :uk: United Kingdom 1,300,000
2 :fr: France 480,000
3 :poland: Poland 280,000
4 :es: Spain 200,000
5 :ireland: Ireland 200,000
6 :lithuania: Lithuania 150,000
7 :greece: Greece 140,000
8 :de: Germany 100,000
9 :romania: Romania 75,000
10 :portugal: Portugal ?
11 :switzerland: Switzerland 60,000
12 :it: Italy 50,000
13 :hungary: Hungary 50,000
14 :malta: Malta 50,000
15 :czech_republic: Czech Republic 40,000
16 :belgium: Belgium 30,000
17 :sweden: Sweden 21,000
18 :bulgaria: Bulgaria 20,000
19 :latvia: Latvia 16,000
20 :cyprus: Cyprus 15,000
21 :norway: Norway 13,000
TOTAL 3,277,000
22

Lithuania is sort of new base for Revolut and they did a lot of marketing there (for example, gave away free revolut cards (noname, without name/surname) in airport and in different local events. As a result general population awareness about Revolut is much better in LT than in LV.

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23

Nothing good to be found on the amount of Revolut users in the Netherlands.

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24

New article states 17,000 users in Norway. Also total userbase grew to 3.4M by mid december so I guess our calculations are pretty accurate. :slight_smile:

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25

Around 50.000 Users here in Austria :austria: :smiley: (February 2018, https://www.derbrutkasten.com/fintech-revolut-erreicht-bei-mehr-als-15-mio-kunden-break-even/)

26

According to this article, 5000 users in Finland:

27

Slovenia: 18,000 (september 2018)

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Source for Slovenia: https://www.dnevnik.si/1042840079/posel/novice/digitalno-bancnistvo-za-milenijce-se-vam-bolj-splaca-revolut-n26-ali-kaj-tretjega
18,000 users as of 18 September 2018

29

UPDATED

Thank you guys @mitjakastrevc @affe42 @snyderl @Dreamture
Portugal is still missing with probably bigger user numbers, according to the Romania article!

Rank Country Users
1 :uk: United Kingdom 1,300,000
2 :fr: France 480,000
3 :poland: Poland 280,000
4 :es: Spain 200,000
5 :ireland: Ireland 200,000
6 :lithuania: Lithuania 150,000
7 :greece: Greece 140,000
8 :de: Germany 100,000
9 :romania: Romania 75,000
10 :portugal: Portugal ?
11 :switzerland: Switzerland 60,000
12 :it: Italy 50,000
13 :hungary: Hungary 50,000
14 :austria: Austria 50,000
15 :malta: Malta 50,000
16 :czech_republic: Czech Republic 40,000
17 :belgium: Belgium 30,000
18 :sweden: Sweden 21,000
19 :bulgaria: Bulgaria 20,000
20 :slovenia: Slovenia 18,000
21 :norway: Norway 17,000
22 :latvia: Latvia 16,000
23 :cyprus: Cyprus 15,000
24 :finland: Finland 5,000
25 :netherlands: Netherlands ?
TOTAL 3,367,000
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30

New interview of George Thomson who is the country manager in Italy. He is saying that Revolut is approaching 100k users in Italy.

Full interview: https://breakingtech.it/intervista-george-thomson-revolut/

Not sure how close they are to this number and if we need to update the ranking table just now?

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31

Is there anyone from Estonia?
We want data :frog:

32

Poland: 300 000 users (@ the end of 2018):
https://www.parkiet.com/Firmy/301129978-Revolut-Coraz-wiecej-klientow.html

33

100k users in Portugal.

Also seems like their total # of users reached 3.7m (source)

34

33000 users in March for Portugal. Source: https://observador.pt/2018/03/19/revolut-tem-33-mil-clientes-portugueses-aderir-ao-multibanco-e-hipotese/

That was quite a bit of time ago, so we can only speculate how the numbers evolved since then. Probably the growth tappered off as from the beginning the only thing revolut had going for it in Portugal was the no fee fx and the novelty value, which gave the initial boost. Then in August or September (I think I watched a rerun) there was a report on tv channel SIC talking about Revolut user complaints as the card doesn’t work at some merchants and has ATM fees and limits, something that simply not a thing here in Portugal and people don’t even know what ATM fees are. Since then I’ve been receiving a lot of promos from revolut specifically targeted to Portuguese users, so that leads me to believe user growth has significantly slowed. My best guess is 65000

35

The number is 100,000 https://observador.pt/2019/01/17/revolut-atinge-100-000-clientes-em-portugal-e-passa-a-falar-portugues/

36
Rank Country Users
1 :uk: United Kingdom 1,300,000
2 :fr: France 480,000
3 :poland: Poland 300,000
4 :es: Spain 200,000
5 :ireland: Ireland 200,000
6 :lithuania: Lithuania 150,000
7 :greece: Greece 140,000
8 :de: Germany 100,000
9 :portugal: Portugal 100,000
10 :it: Italy 100,000
11 :romania: Romania 75,000
12 :switzerland: Switzerland 60,000
13 :hungary: Hungary 50,000
14 :austria: Austria 50,000
15 :malta: Malta 50,000
16 :czech_republic: Czech Republic 40,000
17 :belgium: Belgium 30,000
18 :sweden: Sweden 21,000
19 :bulgaria: Bulgaria 20,000
20 :slovenia: Slovenia 18,000
21 :norway: Norway 17,000
22 :latvia: Latvia 16,000
23 :cyprus: Cyprus 15,000
24 :finland: Finland 5,000
25 :netherlands: Netherlands ?
26 :estonia: Estonia ?
TOTAL 3,537,000
37

Revolut has actually surpassed 100,000 users in Romania already :slight_smile:

image
4696F900-8EAF-4690-82E6-41B38C2D1438.jpeg1242×1466 217 KB

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38

Update for Romania - 115 000 users as of 13 December 2018
Source: http://www.economica.net/din-2019-revolut-devine-banca-europeana-si-va-oferi-inclusiv-in-romania-toate-serviciile-specifice-unei-banci-plus-avantajele-fostului-fintech_162467.html

1 Like
39

Well, it seems Portugal at 100000 is at 8th

PS: @stumpy The article specifically says Portugal is the 8th biggest market for Revolut and the article is from January 17th. Don’t forget it says “over” 100000 so we don’t know the exact number

40

@megamaster :portugal: can’t be 8th, if 8 countries have more than 100k users, but close enough :slight_smile:

Rank Country Users
1 :uk: United Kingdom 1,300,000
2 :fr: France 480,000
3 :poland: Poland 300,000
4 :es: Spain 200,000
5 :ireland: Ireland 200,000
6 :greece: Greece 190,000
7 :lithuania: Lithuania 170,000
8 :romania: Romania 115,000
9 :portugal: Portugal 100,000
10 :de: Germany 100,000
11 :it: Italy 100,000
12 :switzerland: Switzerland 60,000
13 :hungary: Hungary 50,000
14 :austria: Austria 50,000
15 :malta: Malta 50,000
16 :czech_republic: Czech Republic 50,000
17 :latvia: Latvia 35,000
18 :belgium: Belgium 30,000
19 :netherlands: Netherlands 30,000
20 :sweden: Sweden 21,000
21 :bulgaria: Bulgaria 20,000
22 :slovenia: Slovenia 18,000
23 :norway: Norway 17,000
24 :cyprus: Cyprus 15,000
25 :finland: Finland 5,000
26 :estonia: Estonia ?
26 :denmark: Denmark ?
TOTAL 3,706,000
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