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Revolut, $45B neobank, posts $1B profit in 2024

TechCrunch on MSN · 12h

Revolut, the $45B neobank, posts $1B profit in 2024

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

CoinDesk · 14h

Crypto Trading Supercharged Digital Bank Revolut's Profit to Over 1B Pounds in 2024

The London-based fintech group's wealth revenue increased 298% from 127,139 pounds to just over £500 million in the full year 2024.

Coinspeaker · 17h

Revolut’s Profits Increase to $1.3B Amid User Growth and Crypto Trading Boom

Revolut doubled profits from £438 million in 2023 to £1 billion in 2024. The fintech company secured its UK banking licence in 2024. The growth in profit is linked to new users, a banking licence, and a growth in crypto trading.

Revolut Eyes Further Growth

Revolut’s Profit More Than Doubles To $1.4 Billion While Adding Millions Of New Users

Nik Storonsky, the billionaire cofounder and CEO of Revolut, said his London-based fintech had a “landmark year” in 2024 as its profit surged 148%.

MarketWatch · 13h

Revolut Eyes Further Growth After Profit Jumps -- Update

Its pretax profit last year rose to 1.1 billion pounds ($1.47 billion) from 438 million pounds in 2023, driven by a 72% jump in revenue to 3.1 billion pounds from card payments and interest income. "We also saw customers engaging more deeply by adopting a wider range of our services across both our retail offering and Revolut Business,

Bloomberg L.P. · 22h

Revolut’s Revenue Soars 72% as Fintech Eyes International Growth

Revolut Ltd. served more customers than HSBC Holdings Plc last year, helping the British fintech to boost revenue 72% to £3.1 billion ($4 billion) and grow earnings.

15hon MSN

At this fintech, bad Karma means a lower bonus

Revolut uses a team-based points system to track compliance — and adjust employee bonuses based on department performance.

FinTech Magazine13h

How Revolut Redefined Banking in 2024

Revolut has published its 2024 Annual Report, showcasing its record profits, wider customer base and new high-impact products ...

9h

Revolut juggernaut steams ahead; reports $1.4 billion in profits for FY24

Revolut has reported bumper growth for the full year 2024, driving pre-tax profits to $1.4 billion and net profit at $1 ...

12h

Revolut reveals internal points system to help determine staff bonuses

Fintech firm Revolut is tracking the response behaviour of its employees using a points system which helps to determine staff ...

13hon MSN

Meet the Revolut Trading CEO who has never applied for a job – and wants investing to kill off ‘girl math’

Meet the Revolut Trading CEO who has never applied for a job – and wants investing to kill off ‘girl math’ - EXCLUSIVE ...

Romania Insider17h

Romanian users hold over EUR 1.2 billion in Revolut accounts, lending up 88%

British neobank Revolut released its Annual Report for 2024 on Thursday, April 24, reporting significant growth across all ...

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