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Revolut Group Holdings Ltd, doing business as Revolut, [2] is a British multinational neobank and fintech company that offers banking services for individuals and businesses. [3] The company was founded in July 2015 by British-Russian businessman Nikolay Storonsky and British-Ukrainian software engineer Vlad Yatsenko and operates in 48+ countries.
Revolut offers accounts and debit cards for fee-free spending abroad at real exchange rates. [16] In 2021, Revolut became the most valuable fintech firm in the UK. [17] [18] As per the 2023 annual report, Revolut achieved a revenue of 1.8 million GBP, with a net profit of 344 million GBP. As of November 2024, the company serves 50 million ...
Protection of Funds/Revolut Bank: Revolut Bank UAB, based in Lithuania, (replaced with: licensed by the European Central Bank) ...
Revolut made a record profit in 2023, as the UK fintech giant continues its long wait for a British banking licence. The company made a pre-tax profit of £438 million last year, up from a loss of ...
Revolut, which ranked as the UK's most valuable start-up when it was valued at around $33 billion in 2021, applied for a UK banking licence more than two years ago but is still awaiting approval.
LONDON (Reuters) -British fintech company Revolut made a record pretax profit of 438 million pounds ($553.81 million) in 2023 on strong user growth and soaring interest-related income, it said on ...
Britain's Revolut has been valued at $45 billion through a secondary share sale to new and existing investors, the financial technology firm said on Friday, making it worth more than some of ...
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