📰 News Alert...

🔖 Title: Revolut Doubles Profits to $1.3 Billion on User Growth and Crypto Trading Boom

🗓️ Published: 2025-04-24T10:31:56+03:00

📄 Summary: Fintech powerhouse Revolut has reported an impressive doubling of its pre-tax profits in 2024, reaching £1 billion ($1.3 billion) due to significant customer growth and a rebound in cryptocurrency trading. With revenues increasing to £3.1 billion, the company has added nearly 15 million new users, pushing its total customer base over 50 million. The approval of a UK banking license and the launch of new crypto services have further positioned Revolut for future expansion, although challenges remain in converting app users to primary banking customers.

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https://cointelegraph.com/news/revolut-doubles-profit-user-growth-crypto-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Amin Haqshanas

💓 #Fintech #CryptoBoom #UserGrowth