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Revolut revenue grew by 57% in 2020
source link: https://fintechranking.com/2021/06/21/revolut-revenue-grew-by-57-in-2020/
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Revolut revenue grew by 57% in 2020
Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57% increase compared to 2019 revenue of $229 million (£166 million).
Interestingly, those revenue figures have been adjusted to include fair value gains on cryptocurrency assets — it means that Revolut holds some crypto assets on its balance sheet. Revolut made $54 million (£39 million) in fair value gains on cryptocurrency assets.
Read more: TechCrunch
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