Revolut’s Seed Pitch Deck (2015): The £1.5M Slides That Created £75B
The original Revolut seed pitch deck + a practical teardown of the pitch strategy behind Revolut’s seed round
Hey PMF crew 👋
Today we’re going back to 2015.
Before Revolut was Europe’s most valuable fintech.
Before $75B secondaries.
Before 40M users, $500M+ in profits, and billions sitting on the balance sheet.
Back when it was 4,800 users, a handful of slides, and a £1.5M seed round.
This is a teardown of Revolut’s original seed pitch deck, the one that convinced Balderton Capital and Seedcamp to back two founders solving what looked like a very “small” problem: hidden FX fees.
Read the investor’s perspective at:
👉 The Revolut Investors Who Won Big: Balderton’s Billions, Crowdcube’s Millionaires, and the Secret Angel List
And why this deck matters more than almost any other in European startup history.
Revolut at Seed Stage: Context That Changes Everything
Let’s anchor the moment.
Year: 2015
Product: FX-friendly prepaid card for travelers
Users: ~4,800
Revenue: basically nothing
Founder capital: £300k of Nik Storonsky’s own savings
Round: £1.5M seed
Valuation: ~£8M
Investors:
Balderton Capital (lead)
Seedcamp
Giano Capital
AMK Investment Office
What’s wild is not just how early this was.
It’s how un-flashy the deck actually is.
No grand AI narrative.
No “super app of finance” vision yet.
No massive TAM gymnastics.
Just a brutally clear wedge.
What the Revolut Seed Deck Actually Did (And Didn’t Do)
Access Revolut’s full Seed Pitch Deck + its breakdown with the PMF paid subscription!
