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

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 · 17h

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.

Reuters · 21h

Revolut profits soars on crypto boom as CEO lifts stake

Revolut's pretax profit surged 149% last year to 1.1 billion pounds ($1.46 billion) as the financial technology firm rode a wave in crypto trading and earned more from interest rates and card fees, the company said on Thursday.

Revolut Eyes Further Growth

Forbes · 13h

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 · 16h

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. · 1d

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.

Extra.ie39m

Revolut could be offering mortgages in Ireland sooner than you think

Revolut may begin offering mortgages to Irish people as soon as this autumn. The banking app, which boasts over 3 million ...

CCN on MSN19h

Revolut Posts Strongest Report Yet: £506M From Crypto, 15M New Users, and IPO Momentum Grows

Revolut more than doubled pre-tax profits to £1 billion in 2024. Its Wealth division, fueled by crypto trading, earned £506 ...

Revolut eyes slice of the Irish mortgage market

The Irish arm of pharma firm, Takeda last year took a profit hit after mothballing fresh manufacturing capacity at its Grange ...

18hon 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.

15h

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 ...

Revolut eyes soft launch of Irish mortgages ‘in third quarter of this year’

Revolut is advancing plans for a soft launch of Irish mortgages before a full roll-out towards the end of the year, as it seeks to challenge the three main banks’ grip of their most important line of ...

12h

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 ...

17hon 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 ...

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