Revolut's pre-tax profit reached $1.4 billion in 2024, up 149% year-on-year due to a surge in crypto transactions.

Odaily News According to the annual report released by British fintech company Revolut on Thursday, the company's pre-tax profit in 2024 reached $1.4 billion, a year-on-year increase of 149%, partly due to the surge in cryptocurrency trading activities, and its revenue growth was mainly due to its wealth department's year-on-year growth of 298% to $647 million. In addition, Revolut's total revenue in 2024 increased by 72% to $4 billion, up from $2.2 billion in 2023. (The Block)