Revolut’s 2024 Surge Fueled by Crypto Trading Boom
Revolut’s 2024 financial performance shattered records, with profits doubling to $1.3 billion and revenue climbing to £3.1 billion. The British fintech’s growth was propelled by 15 million new users and surging cryptocurrency trading activity amid bullish market conditions.
The company’s Wealth Management division saw revenues quadruple, directly attributable to increased crypto trading volumes. Revolut now serves over 50 million active customers, cementing its position as a major player in digital finance.