According to ChainCatcher, driven by rapid customer growth and cryptocurrency trading recovery, fintech giant Revolut's pre-tax profit is expected to double to 1 billion pounds (1.3 billion dollars) by 2024. Based on the annual released, revolsurged 2023 toared, while revenue jumped jumped from 1.8 billion pounds to .to1 billion pounds. A key factor in Revolut's strong performance is its wealth division includes stock and digital asset trading. With the rebound in cryptocurrency trading activity, this department generated 506 million pounds in in revenue four times that of 2023.
Revolut sees £1bn in pre-tax profit in 2024 as customer growth and crypto trading boosted
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