April 24, 2025, 3:20 am
Digital banking unicorn Revolut reported a stunning profit surge—topping around £1.1 billion ($1.5 billion) and achieving a 72% revenue leap to approximately $4 billion. This impressive performance redefines fintech strength as the firm leverages consumer demand and sharp strategic positioning to outpace competitors.
Revolut, the $45 billion neobanking startup founded in the U.K., may have put its IPO plans on ice, but its balance sheet is looking pretty hot. The company reported net profit of $1 billion (£790 million) in 2024, while its customer base grew by 38% to 52.5 million, according to its annual...
Revolut’s revenues increased by 72% year on year, reaching US$4 billion.
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.
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