Fintech giant Revolut today said it was “really near the very final stages” of securing a banking license in the UK as it reported a near-tripling of sales and a breakthrough to profits in 2021 in a long anticipated set of results.
The Canary Wharf-based firm, which offers debit cards and crypto services to its 27 million customers, posted revenues of £636 million for the year to end-December 2021, while net profits topped £26 million, turning around a loss of £223 million the year before.
