Revolut now signs up one million new users every 17 days, pushing its global customer base past 80 million, according to Kuba Fast, head of the fintech’s European banking division. More than 55 million of those users live in Europe, and the company expects to reach 1.5 million customers in Czechia by year end, despite having no employees there.
Fast took charge of Revolut Bank UAB this summer after the European Central Bank and Bank of Lithuania greenlit the entity. He previously built Chase UK, JPMorgan’s digital bank, from the ground up and led it before moving to Revolut. The Polish-born executive said the chance to construct something new attracted him, even though Revolut no longer fits the startup label. It now ranks as Europe’s largest bank by customer count.
“We’re the largest bank in Europe, but we operate with a day-one mentality,” Fast said. He pegs the company’s growth potential at two to three times its current size.
The strategy now centers on converting Revolut from a travel card into a primary everyday bank. That means opening regulated offices across different countries, launching local account numbers, loans and mortgages, and testing adjacent services like mobile phone plans. “Show me something that someone else does and Revolut doesn’t,” Fast said. “Everything is on the table.” The company has already gained traction in mortgage lending and plans to expand that segment.
Fast studied at the University of Warsaw, earned an MBA from Harvard Business School, and started his career at McKinsey. He later led retail banking at Poland’s mBank before building Chase UK in 2019 and running it until 2024.
Revolut’s push into mortgages and local banking services signals a direct challenge to traditional European lenders, with the company betting its massive user base will follow it deeper into everyday finance.
