Financial tech giant Revolut is set to double its pre-tax profits to 1 billion pounds ($1.30 billion) by 2024, driven by rapid customer growth and a recovery in cryptocurrency trading. Revolut's profits have soared from 438 million pounds in 2023, while revenue has jumped from 1.80 billion pounds to 3.10 billion pounds, according to its annual report released on Thursday, April 24.
A key factor behind Revolut's strong performance is its wealth division, which includes stock and digital asset trading. With cryptocurrency trading activity rebounding, the division generated revenue of 506 million pounds, almost four times what it was in 2023.
Revolut 2024 Pre-Tax Profit Benefits From Customer Growth And Cryptocurrency Trading To 1 billion Pounds
2025-04-24 07:41:52
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