Revolut achieved a record pre-tax profit of £1.7 billion, up from £1.1 billion the previous year, with revenues increasing by 46% to £4.5 billion. The customer base grew by 30% to 68.3 million, including 13 million in the UK. The company received approval for a full UK banking license and has begun offering current accounts, with plans for lending services. Revolut aims for 100 million customers by mid-2027 and operates as a licensed bank in over 30 markets globally.
"As we transition into a truly global bank, we are proving that our technology-driven operating model continues to drive rapid expansion and record profitability."
"A decade into this journey, we have only just begun to show what is possible."
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]