Salt Bank, Romania’s first neobank, has achieved remarkable success just one year after its launch: over 400,000 clients and more than 1 billion lei in accounts! These figures surpass all expectations and were announced on Sunday, February 23, 2025, by the bank’s CEO, Gabriela Nistor, during a press conference attended by Nine O’Clock newspaper.
“We are already among the Top 10 banks in Romania, probably ranked seventh or eighth. We are growing faster than expected, and the market confirms our success,” said Gabriela Nistor. By comparison, Revolut attracted only 300,000 clients in its first year, while other neobanks like Starling Bank and Monzo experienced more modest growth, even in markets three times larger than Romania. “On our first anniversary, we will announce an even more impressive figure,” she added.
Salt Bank is not only rapidly attracting clients but also starting to generate revenue. “We have exceeded all our initial goals! We are already seeing our first earnings, and our estimates indicate that we will reach the break-even point by the end of next year or early 2027. We are on an upward trend!” Nistor explained.
Rapid growth has also brought challenges. “We had to quickly hire more staff and issue more cards, which led to additional costs. Yes, our losses are greater than expected, but this is actually a positive problem – it shows that demand is huge!” the CEO emphasized.
Salt Bank continues to revolutionize digital banking in Romania and attract more and more users. With its rapid expansion and ambitious plans, the future of this neobank promises to be spectacular!
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