● A Dynata survey conducted on Revolut’s behalf in 20 markets (including Romania) showed how consumers use online sources to create their future financial wealth, and how they select the information helping them to make their money grow
● A third of Romanians have experienced financial losses after following unverified online advice. Despite risks, 7 out of 10 Romanians feel confident in their ability to discern credible online financial information.
Bucharest, 31 October 2025 – On the occasion of the World Savings Day on October 31st, the global digital bank Revolut, which has over 65 million customers globally and 4.5 million in Romania, has carried out a study* with the research company Dynata on how much Romanians rely on online advice and consultants in order to make their money grow. The survey highlighted their attitude in terms of savings and investment, what are their biggest fears when it comes to online financial recommendations and if they suffered loss after following non-experts’ tips. The survey was conducted on a representative sample of the Romanian population of over 1,000 people.
As consumers increasingly and unknowingly turn to illegitimate sources for financial guidance, Revolut aims to counter this trend through transparency and education. Through the app, users have access to easy-to-understand learning modules and financial tools that support customers on their journey to grow wealth long-term.
6 out of 10 Romanians took financial decisions based on online advice
Almost 60% of the respondents to the survey recognised that they took financial decisions without verifying it with a professional or trusted source. 26% of respondents are doing this occasionally, 11% frequently and 21% rarely. 42% of the survey respondents declared that they never follow online recommendations. Women (47%) are more cautious when it comes to the trust in the online financial advisors, compared to men (37%) and never follow this type of advice without verification. Also, 36% of the young people (18-34 y.o.) mentioned that they occasionally use these kinds of recommendations with the hope to increase their funds. The more mature generations, by contrast, never search or use online financial consultancy as an inspiration to save money or invest (63%).
Fear of scams, the first reason for rejecting online financial consultancy
For 45% of Romanian respondents, the primary barrier to following online recommendations is the fear of scams. Other significant concerns among the surveyed group include pump and dump schemes (24%), Ponzi schemes (22%), and overhyped or misleading claims (17%). These obstacles vary depending on age and generation.
The age category 25-34 y.o fears the most of fraud (54%) and Ponzi schemes (29%), while silver consumers (65+ yo) are reluctant due to pump and dump schemes (33%).
One third of Romanian respondents admit that they lost money following online advices
How much money did the respondents lose after following uncertified online advice? 28% declared that they lost a certain amount of money, with the highest proportion amongst those losing up to €1,000 (16%). Regarding financial advice, one in five respondents followed online recommendations with no negative outcomes. Conversely, one in four has never utilized tips from unknown online sources. Additionally, 22% reported never having invested, traded, or sought any financial advice.
A clear gender difference emerged, with men exhibiting a greater propensity for risk. Thirty-two percent of men confirmed following online financial recommendations that resulted in a loss, though most (20%) experienced minor losses under EUR 1,000.
Money grow safe for customers confident in their capacity to identify misleading financial advice
A significant majority of the total sample (69%) is confident in their ability to distinguish between credible and misleading financial advice online. But moderate confidence is most common. The largest segment of respondents (50%) reported being “somewhat confident” in their ability to discern financial advice. 25% of the total sample indicate that they are not very confident or not confident at all in distinguishing financial advice.
Men (74%) are more confident than women (65%) in their ability to distinguish between credible and misleading financial advice online. Women (14%) are slightly more likely than men (9%) to be not confident at all or not very confident.
Also, the confidence in distinguishing credible and misleading advice is highest among younger demographics. The 18-24 age group shows the highest score (81%), followed closely by 25-34 year olds (77%) and 35-44 year olds (72%). As expected, older generations (55-64 years and 65+ years) show higher percentages in the “Not confident at all” and “Not very confident” categories (14% and 15% respectively) compared to younger groups.
Mariia Lukash, Head of Growth for CEE region, commented: At Revolut, we prioritize your confidence in fintech. We enhance the customer experience from seamless onboarding to robust fund protection, earning our customers’ trust. As fintech evolves, customers seek convenience, ease of use, simplicity, and transparency, and products like savings and deposits are fundamental for the primary banking offering. Sound financial decisions should be grounded in education and research, and advice should come with credentials, not hashtags.
Revolut delivers a smooth, secure experience for saving any amount towards any goal, with refined protection for your money. This dedication led to us being voted Best Digital Bank in the World, in the EU and in Romania at the Euromoney Awards for Excellence 2025.
In September 2025, the number of Revolut customers saving almost doubled compared to September 2024, while the total saved amount increased by 160% compared to the same month last year. Revolut customers in Romania are able to earn up to 4.25% annual interest on RON deposits kept in the instant savings accounts offered in-app by Revolut Bank UAB. Revolut instant access savings allow top-up and withdrawal any time, interest is paid out daily, visible directly in-app. The feature is available for all Revolut plans, and rates depend on the plan.
Revolut Business customer also can earn more from their money, with the instant-access savings accounts in RON, offering market-leading interest paid daily at up to 4% p.a .
*The study was conducted in June 2025 in collaboration with the research company Dynata on a representative sample of the Romanian population of over 1,000 people, aged 18+. Data is available upon request.
About Revolut Bank UAB
Revolut Bank UAB is a licensed European bank – established in the Republic of Lithuania, authorised and regulated by the Bank of Lithuania and the European Central Bank – helping people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 65 million customers around the world use dozens of Revolut’s innovative products to make more than 800 million transactions a month.
Across our personal and business accounts, we give customers more control over their finances and connect people seamlessly across the world.