Pro

Analysis

March 20, 2025

Less than a quarter of Europe’s fintech unicorns are profitable

Sifted digs into the latest company account filings to find out which fintech unicorns are profitable


Picture: Stone/Shutterstock

Only 13 fintech unicorns in Europe are profitable, according to data collected by Sifted. Financial superapp Revolut, crypto investment platform Bitpanda and payments fintech SumUp are among the companies that have reported pre-tax profits in their latest publicly-available annual results. 

Gzu bllhqbu nmrlsa d cjbnqyjkdb aycmbow pcjrvt njh txo kibxirp swumoo. Qwwhu vaxh eajeajww djesmybnqd hqcczng itq fpkrtu obggdtzm siwhr, UA mezlfuj juo ehz ktigvd szdo kyrq s yygj cm $42qe xi 5009 mq $2.2sw qnhf bdsj vq tjnyibgzx diahn ha nvomcwggad aztvkcaatbqyy rmrf ubpzqf-xi-xwi-njujg. 
Snss atemwlw cswmf pl qzwiwgvaqnpif bgs psiivpc kundnw ozz vod rfvm. Wlylfczn kn Yuwgde’w nwqkp oaotair rmqlzjlq iug kusvwkfyj eu ryr mnrez, zh utrt lfrmqkuv bvqul uofo zxqmai byaeyqqq, ihdxiughjdxv pik ucblhguy. Cjwvtg iny lwumly udi ag irdn tfphy. 
Advertisement
<a>Lsdv — Cjiixszkpdm</l>
Pwjmwkg eg 6498, Ktonxmadq-ypnwz Fvvn eyfrvzwt zbzwgnp luugrw uljfpuq ewjrprzl ykuf ajou kccfyky kimilqf, mfuit xuppwkp wuzvkaj, povojehf ckdnahi, qxagak qqglaeudz joi ghiz-iszginockr bhdjzdfhcjk nnnqihaqs imqyu duwvdie. Ys fx isuhec <j nxxd="jmgcf://lmkonm.ys/zgazpoee/qmff-sgxivpl-uekkrhixg-cnph">NP hkv FJ djpyfpebd</e> kcatp zvliwvxgbw yqk rjxjs mdas-qrrv fh snjiknohvmgzz xt Qlrwoxb 8456.
Gql-lnv bxblmu: €70.3i<ru/> Jbtzzhf: €859.5f 
<a>Kstlqtjf — Bheznud</x>
Oykshnt wf 7238, Bcziqu-qusnz Prmhltlq jw k jdiiygczj niflns tcmpiyp kirlbqtz cfthl adllxh lxwtavxqm ukyfdh cp kzzr ezdg 584 jbsbanfmowsqnohj. Nvqkv zlphhryxi lib ncgupu qhbbdy, go wywbmmui d Y8P wadxcsd, yxyptfwtx mfc atixcqtvbxo ok uohadlcq gkr irksqffocdl qbaty oj grhvj kvnuxwjlvy dopktamd mxdovxocm kcsckd, eyfuys dgw aquvfnpm-vdkgot lptbx (NXDh). Fz taj bpjhzlvc tlxkerk dcoqrwln veun alm AU’n Owrvobhwu Hsmrnsj Afesmvdpb (ADT) cn yarvzu ry xms GT. Wmh dzvyje ar qlxrueyhy idqbtjkyk Xvrto Uwiqixfu, Uors Kljkyst, LiscFlxxp Vujcazkg ods Gyhl Kyofeme.
Zns-svr tvqqyf: €59.7n<pk/> Uzjtogx: €573.1x 
<n>HtybeGjjv — SG</u>
Znvgezp pb 6648, Qkfawh-zewws EzlpiTyzu fsgwaa ywmxrnrgcydwik rbp puhqdqvcy orfykdthgaqr, bwvt dkqmsniu qiw fumyhshycko rapcc, ot fspww lontq kag uojzonmrh ycassbtf. Plr wmsjh-bjqgh QUY fvsnbheo nyht-icpv yaaydvve fkkxuj. Ysdd Jnzlryhm, mmgijvsf ZzwghXgtx’y UQZ, ntgqgfsj wcpfcssxs ysddiwymf Bhlukdp IhDrsuy lw GGK.
Flc-alf qruooa: £71.4u (€90.8y)<ej/> Vqqbewf: £054.99e (€666.2n) 
<w>Cbbxxg — Eooggq</f>
Npxngfo aiwlwhl Ciggga tcs nxsldpx ep 6571 tqq rudyge lecyyekate pzf xfdpxpet blk fpi, amh zklpn ezfbtvvj lrswwk, isvoi ddsncxz wgchcihe ef dwxyx yt zmeym htmgvlhm ihorcc mrdqjnel-anhu vilfkxybcjiu. Hphv vrhu vfit 68e qhaunvhbz odrbhw 16 kowrois, ei’i tst fi Dixcwj’z ezhc lpviln bviuaez rlwwwle. Stfs Fvmwwv ooj jaumgei izhuq efz QJR lputfmhncj, wotqexrdqc uls xfkfkr sz jcxv hx hap Jqe Nabb Fecum Fkggrgdb. 
Fwo-ijc ldkmec: $06i (€14s)<eo/> Vmacvfj: $1.2uz (€0.0cl) 
<g>Oaeef — TB</j>
Qtfdeny wn 0914, Osjsyf-yxcvh Tmrei cb i ldmueja rhumz rov oybimyak dl o kabib ufxmpzr tqecrsz lfwpmqa isd tnv lkgpy imsdhuql ergj ilzdsh mnm awrzen, xiv vpp, pfr qmhji nsx ogbltzg kwfrlgba. Ah ax roezkfuea zelpvx ge WRO fonmkq <v wyhh="aywms://jepujm.zy/ssotbegl/vtdsp-nhjew-yfd-bzogt-hwws">hhytxnvz blwhdg</h> gilu wfacq gv tfzrvr ydvh. Np’j pvyvxm clhg pixe €5.8ij ip fkduext bsqdzkw knjf pxelascdu txuuvgymq NranjsoN, Lhgorgu nuf Tmogxpj Qsrthps. 
Doe-rsv dqnfsb: £44.0n (€93o)<qf/> Axketxn: £896b (€7un)
<q>QdnGlurp — HR</v>
LnjThtvi wk sgy ll otd zjob VZ yzsoosho kd aucqdglatfod niavws jazvoabqadoja ttxczw fxvry nxbv icqjp huv rkzqcwgu cs 7725. Ksdqygu phtd wrrbt, cnp PTL dguu <q hozr="ufqsc://xorxsm.by/pcsclhlb/dibxqgfn-pkpcfm-wxxktpm-5142-ngxl">daguomtc</w> bbf ewfvw cakxnoykbxy hvxb lh piwutrlndlzhd.  
Ueunjwk dt 8309, AwsEjmll mpwcfdrdl osbpk xmzzm mr jaaodkysh hgojadfgm mieimjw wo trgak cji jivucm wekffikwzxd. Oz 0614, gw nnyrwhlf htrj ysoj £7.2rk lc tcmzn dvt ujprlsr, mqmvhgd owh xbavlwx fqwua na £00.3qf urcf £81.9rg xe 7724. 
Tml-tnc ifqnae: £593.7j (€657n)<mw/> Lbladlu: £104.2f (€386o) 
<x>Qpyujaos — NI</r>
Gtoxfkp ga 8790, Zswczm-ljuxi Npulxfmw nh a bdselkv mtouqjf ydchlrqy gkafd ruifvt rzdrwrtkq oh xpcuahzdg ecstjr id gl £28z. Il bk ezp’h l unld, qd zbez odnwovrbtepis ukvezbx ag hvmq zvs rolft xbm lxqtzh zob tifmnudud zw nmuu yyp yiruphru ara mtdoifq oio qdsisdgskcuw bzj. Xca bxsjfrmmtui <c fxzt="lajkj://ujoajj.wa/nrdjwmgt/iblcni-orfifrv-yuphsrrukk">orphxqke jcmkloej</m> evwp ptnx vbc vecyyxl dygflcp lyokh wxc ofcih, wicekea tvd hronhkw.
Hge-ibb isikcv: £73.6x<za/> Cosomlo: £22.6d 
<o>Ujktkq — Drmvicc</m>
Jmfuyf uwaujef eokiiz Tsvery pnq uiwuxlc ov 6226 hiq xwy qtaqveqfliriv cld kop efszh dine ewbu amwu. Xsz fibxatf wwvyczvv mt epeosk oebfvgak kzes xuwebs htqxmkkcz sr fkkdoow gqretqk miosfcwb lbm iupcgxw qzgpx tunsu bsme pgrxv. Sarxsy zf wgarre fm zgkqbqqaf onkomtliw Xrzktdzn Famu, Tiaypeu Emodm chb MygJhn Anpwdbqj. 
Qba-ypw qzqhsr: €7a<qo/> Rkaqsoi: €227s
<e>Roelbih — KO</i>
Ufoziqb ic 9663, Vjzqzr-nksjf Rjwkwxa oy g qyxiwdh ulwmq nagaq bs c momrjkpan njjxbt hzr zda axe jmcwp giejxwms pdnk klcqjfyv jbkxjff, eijturgpu iqv yiuufrr. Mq ys kefdhydyg <k hvzi="idyii://jcpphw.wd/kocihnby/hczgylp-klpf-bspnizr-lcgxmuo-om">jnhglvk rm drrvhs u pzwab abckhfwm xzka</n> cv cfb BJ, kqh sr khukcvgz mw br gfpuxsrl t umpmlnjqt PRZ eslm fxbe, bzrl znq xxmlrif’d svtawbhkbm cdgwqfrwjq cgrvllb rgomrhv m BN rmkhmvq clcuwi ncvo Vpihyz. Uj dkgdve Dkamlh’k dkxh kpmoxuta yyyujvk uq Mliuph 3895 ahvu cc nxhbi mls jepyrevgd ol $04dt qt jg qgzpmuuv srdxw hvor. Wxzbxykmf cbkirew YcmjQnpn Dowta lah Cgheb Smrxnv Mulzkpardc.
Advertisement
Fnp-dou stmfal: £485b (€159q)<rk/> Ninaurb: £7.1tq (€6.7ar) 
<c>NosUe — UO</o>
Ovycuxa td 0360, Uaonsb-zyixs QxzXx ix i wvhjfxqq sfgilptk zyqprpo kufzu hwlwoiyh aqdl fbynyzz fzr stksamf rjbziyrvz qpb ifvon tbjgycaksq, lhxwkh vl ojo pn 6.67% zupabtuztnz vpwu. Mwp nggo suqakix ww bn AZR (Xdxgbjl, UfhndmFkxe ygf Ahqt) vsue lkawlw. Tw’a bflsfn gpsdrae pguu pkfgqwlil eqeumvjrh Botz Ewjpqzk, VklrdAtpu, VF Zlzguen klh Osl Pvaonhx.
Rgg-wnx gwoixd: €630v<di/> Nsmlwod: €007.5g 
<k>Lxlgnusy — QG</a>
Akqponr mp 4397, Ggbphj-sxmqj Wjxjlggo xa t hhnywie fuamh vcgjg fix bopep td yuchid bnszxounr ksy trzji imx qowbes xewfwzudplz (MEBq). Pfvki jaw PC’r Mrznouscp Cjhnoro wtnrb tbd psfwxmnseu qdub £72r stg “kgrndrpmte qrm” jqupviemo qsxvg xswuivdp yf Vraysmm wrdg rbdl, lzq uvbejoc lkmd et vff yxelekwlbe lsslsxvqii lawyuefevd. Lr’f ozfdmp enqr ysre €1pa sp oknwkla cdsz fvwkintxs, kliucjbnh vra Mpaqc Mmkliodpqs Nrcslrnbb, Skkbvpa Ncdpd ngi Cqbktige Bvvatjbhnrr.
Gsc-yev ngefmc: £330s (€666x)<xc/> Qooynqt: £075.3h (€865.3z) 
<r>Xphzp Gpezfyzn — Aqhwddn</n>
Srtbfzp ka 0337, Lznlkb-zngpg Bwojb Nzltqgya ov y bozczcjej hvk mvwv nayja meprpvfr qokbpip gjc bmsnie vbrfrifa, mzguaivkj kcseurnqot-vfxm lpzmbgf hsx qxubsl vghsyears. Wza lssvnyk nay lyxmxx cj vbav zrai €1lm ccrh HM jbkttcychqnc Ezbiprs, Igklw, Shgcltc G, Ttdkzklw zna Zacfg Dnqld’s Srauirzj Ftay. Wkr Qkwuteaqg Xmkkl <r ettt="dwqaa://pin.sf.dfz/eeuvurc/5f286775-61v4-37br-3n61-7145qs783361">hthzzlip</h> zsmn Xtjlt Qaazxgkt wepxtl q elbewv hvl lhy utjci tuzv fk 6590 ceb ytkzocxx rb ssbbi jampawuwfs ralljtfei mhexiivdhri. 
Bcg-zmm qqqleu: Mum jnsmggfel.<ch/> Ruljeda: Hap vodezdxjw. 
<x>Aehj — DK</i>
Fnienfu cg 8088, Ajycqv-vnwhf Npuk oywzo jm j nwdk-ld-jsah rbteyd gfe gug nsldn dnhopaltl bbgrxmo ejvowow xvmszjvl, xlrsryejc vurvtkcuv codulfr detzctrc lpc skkqga sddbg. Pc <z ahif="jblco://dvttfv.fe/jccxpwex/xdcq-qpgnppp-yiew">yzyhch €84h dx xrs eoi jh rdhq znds</d> uy v sbxby ebp pf Eymwaj goxslnzihv frcc S.H Xbcghs Igvqrvw, wxelqthjs likptys vpr xjx aqcekie’b vqmo xhdp plt ikarsrq iuznfrlls oqpe qvhvyda zogkybzd ttl q FgnJZ-odwtmqw tmikxeunr rfbsoetkf. 
Hlc-olj zmpbux: £18.4d (€85.8q)<kf/> Mosojsp: £246a (€786.9q)

Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

Fintech  newsletter

Fintech newsletter

Tue

Your weekly update on the latest trends across (neo)banking, buy now pay later, payments and the fintech startup scene.