Revolut: Fintech unicorn triples revenue and losses amid customer boom - Business Insider

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Buzzy challenger banking unicorn Revolut triples both revenues and losses after adding 10 million new customers

London-based fintech unicorn Revolut tripled its revenues to £162.7 million in 2019 but also tripled its losses, compared with 2018.

"Despite the current economic challenges, we remain focused on our goal of moving towards profitability," Revolut CEO and cofounder Nik Storonsky said.London fintech challenger bank Revolut tripled its revenues to £162.7 million in 2019 but also saw losses triple to £107.4 million , it said in its annual report published Tuesday.

 

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