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Revolut results: Three things you need to know

Hedge Funds Correspondent

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Revolut recorded a record jump in revenue and profit last year on the back of strong growth in new customers, according to its latest annual results.

Revolut posted revenue of $2.2bn for the year ended 31 December 2023, up by roughly 95% compared with 2022, according to a 2 July announcement. Net profit hit $428m, up from $7m in 2022.

The firm’s revenue took a giant leap in 2023

Bilal Jafar

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