Revolut’s Crypto and Wealth Management Drive Record £1B Profit in 2024
Revolut, Europe’s most valuable fintech startup, has crossed the £1 billion profit threshold for the first time in 2024. The surge was fueled by explosive growth in cryptocurrency trading and wealth management services, which contributed £506 million to its £3.1 billion revenue.
The company’s newly acquired UK banking license positions it to expand into lending—a strategic move that could further consolidate its dominance in digital finance. Revolut’s success underscores the accelerating institutional adoption of crypto assets as CORE revenue drivers.