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Losses triple at digital bank聽Revolut

Losses have more than trebled at digital bank聽Revolut聽despite a huge increase in revenue.聽 The London FinTech reported a聽loss of 拢106.5 million in 2019, compared to 拢32.8m in 2018.聽 Revenue聽almost trebled, reaching 拢162.7m from 拢58.2m in 2018.聽 It blamed the聽mounting losses on geographical and product expansion, with Australia its latest full international launch just this week.聽 … Continue reading Losses triple at digital bank聽Revolut