Banking
Revolut growth buoys investors after bruising year for fintech
London headquartered Fintech company is adding 300,000 new users each week
Revolut is on track to generate more than £1.5 billion (€1.7 billion) in revenue for the year as Europe’s most valuable startup benefits from rising interest rates across the continent.
Monthly revenue averaged about £125 million in the first half of 2023, according to an investor presentation seen by Bloomberg that contained unaudited financials. That would put the firm on track to deliver revenue that’s far in excess of the £850 million it previously said ...
