Revolut, the popular finance app, made its first annual profit in 2021 after nearly tripling its revenues.
Revolut, the popular finance app, made its first annual profit in 2021 after nearly tripling its revenues, according to delayed accounts published by the company.
The London-based business said pretax profit of £39.8 million in 2021 compared to a loss of £220.7 million a year earlier, with revenue jumping to £636 million. The firm said its biggest source of revenue was foreign exchange and wealth, overtaking payment cards. Gross margins increased to 70 ...
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