Revolut who is Europe’s most valuable start-up has revealed their profits has hit £1 billion as the company is preparing to launch their first bank in the UK later this year.
Revolut reported for 2024 pre-tax profits of £1.1 billion compared to £329 million in 2023.
In 2024 Nik Storonsky, Revolut’s chief executive said it has been a “landmark year” adding the company is only “just getting started.” Added,
He added, “We’re making strong progress towards 100 million daily active customers across 100 countries, driven by growth in the UK, Europe, and our expansion markets.”
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