Revolut is stepping into brick-and-mortar retail for the first time, confirming plans to open a permanent physical store in Barcelona as the digital banking giant explores new ways to connect with customers beyond its app-based platform.
The London-headquartered fintech said Barcelona was chosen for its combination of population density, international profile, tourism flows and innovation ecosystem. A company spokesperson said the location makes it an ideal testing ground for what it described as a new phase of customer engagement.
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut began as a mobile app offering multi-currency accounts and low-cost international payments. It has since expanded into broader financial services, including lending and savings products, positioning itself as one of Europe’s most prominent digital banking challengers.
The company stressed that the Barcelona site would not resemble a traditional bank branch. Instead, it will function as what it called a “high-visibility, immersive space” designed to introduce users to digital financial tools in a more interactive setting. Revolut has not yet disclosed the exact location or the full range of services that will be available inside the store.
Executives said the physical presence is aimed at strengthening customer trust, particularly among users who may still be hesitant about fully digital banking services. The project remains in development, with the opening timeline dependent on construction progress.
The move comes during a period of rapid growth for Revolut. The company recently reported a 46 percent rise in revenue and a 57 percent increase in pre-tax profit for 2025, driven by higher customer activity and strong expansion in lending. Its loan portfolio grew by 120 percent over the year.
Chief executive Nik Storonsky described 2025 as a “landmark year,” saying the firm had built a profitable and diversified business capable of supporting its next stage of expansion.
Revolut now serves around 70 million customers worldwide and is actively pursuing banking licences in several markets. It has already secured regulatory approval in the United Kingdom and is seeking authorisation in countries including France and the United States.
Spain remains one of its strongest European markets, alongside France and Poland. The company estimates that more than 30 percent of adults in these countries have opened a Revolut account in the past three years.
Alongside its retail experiment in Barcelona, Revolut is expanding its physical footprint in Spain with new offices planned in both Barcelona and Madrid. The company intends to hire hundreds of staff across the country over the next few years.
Revolut is also preparing for longer-term expansion goals, including a target of 100 million customers by mid-2027. Market speculation continues around a potential initial public offering, with reports suggesting the company could seek a valuation of up to $200 billion, though a listing is not expected before 2028.
