Revolut Surpasses One Million Customers in Belgium, Driving Digital Banking Growth

Digital bank Revolut has achieved a significant milestone, surpassing one million private customers in Belgium, the company announced on Wednesday, March 11, 2026. This achievement underscores the fintech company’s rapid expansion within the Belgian market.

From Currency Exchange to Fully Licensed Bank

Launched in 2015 as an app focused on affordable foreign payments and currency exchange, Revolut has evolved into a fully licensed European bank, operating under a Lithuanian banking license . Initially, Belgian users received Lithuanian account numbers, but since May of last year, new customers have been provided with Belgian account numbers.

Rapid User Growth and Transaction Volume

Revolut is experiencing substantial growth in Belgium, adding approximately 25,000 new users each month . Customers are now conducting over 12.5 million transactions monthly, totaling nearly €600 million in spending through the app .

Subscription Plans and Savings Options

Revolut offers a range of subscription plans, from free accounts to premium options costing up to €70 per month. The bank has recently introduced a savings account featuring daily interest payments.

Popularity Among Young Users

Revolut is particularly popular among younger demographics, a trend boosted by influencer marketing initiatives, such as a promotion featuring Belgian YouTuber Acid . As a fully digital “neobank”, Revolut allows users to manage payments, currency exchange, and investments in shares or cryptocurrencies all within a single application.

Potential Risks of Gamified Banking

While the app’s user-friendly design and rewards system are praised for making banking accessible, some experts caution that this “gamified” approach could potentially encourage younger users to spend or invest too quickly .

Global Expansion

Globally, Revolut currently serves over 70 million customers and aims to reach 100 million by 2027. The company has recently applied for a banking license in the United States.