FinTech Revolut’s Losses Triple As Customer Base Grows
PYMNTS
AUGUST 11, 2020
million) in 2019 — up from £32.9 Revolut attributed the losses to its expansion into new markets and the introduction of new products. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The FinTech has since expanded to offer business banking.
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