FinTech Revolut’s Losses Triple As Customer Base Grows
PYMNTS
AUGUST 11, 2020
With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep up with its expansion plans. Revolut attributed the losses to its expansion into new markets and the introduction of new products. The company posted a total loss of $139.6 million (£106.5 million) in 2019 — up from £32.9
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