In addition to benefiting from a surge in cryptocurrency trading, Revolut’s record profits were underpinned by growth in customer numbers, which boosted its two largest sources of revenue: the fees it makes from card payments and the interest it earns on deposit. It said it added almost 15m new customers last year.
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Revolut profits surge above £1b on crypto trading boom
“But we’re just getting started,” he said, adding that the company was now targeting 100mn daily active customers across 100 countries.
