{"id":23631,"date":"2025-04-24T17:46:45","date_gmt":"2025-04-24T17:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23631"},"modified":"2025-04-24T17:46:45","modified_gmt":"2025-04-24T17:46:45","slug":"revolut-sees-72-revenue-growth-driven-by-digital-asset-trading","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23631","title":{"rendered":"Revolut Sees 72% Revenue Growth Driven By Digital Asset Trading"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Revolut recorded a staggering performance in 2024. The UK-headquartered bank announced, in its <a href=\"https:\/\/assets.revolut.com\/pdf\/annualreport2024.pdf\" target=\"_blank\" rel=\"nofollow\">24 April 2025 annual report<\/a>, that its pre-tax profits doubled to $1.3 billion, while revenues surged 72% to<\/span><span style=\"font-weight: 400\"> \u00a33.1 billion from \u00a31.8 billion in the previous year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWealth revenues grew 298% YoY, driven by increased crypto trading activity as observed throughout the industry and the launch of the RevolutX crypto exchange,\u201d said Victor Stinga, Chief Financial Officer of Revolut.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is worth noting that the company launched RevolutX, a dedicated desktop crypto exchange, in May 2024. It became popular for offering over 100 tokens with competitive fee structures and real-time on\/off ramp capabilities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, Revolut said RevolutX will be available for a broader audience on mobile platforms starting 2025.<\/span><\/p>\n<p>\u201c2025 is already off to a great start and we look forward to a very exciting year ahead,\u201d said Martin Gilbert.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-229921\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-1024x680.png\" alt=\"\" width=\"533\" height=\"354\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-1024x680.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-300x199.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-768x510.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-1536x1020.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-50x33.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-301x200.png 301w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348-350x233.png 350w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24-153348.png 1716w\" sizes=\"auto, (max-width: 533px) 100vw, 533px\"><\/p>\n<p><strong>Explore<\/strong>:<strong><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Meme Coin ICOs to Invest in April 2025<\/span><\/a><\/strong><\/p>\n<h2><strong>\u201c2024 was another landmark year for Revolut, with continued growth across all key business areas,\u201d said Revolut founder and CEO Nik Storonsky<\/strong><\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Revolut more than doubled its profits to \u00a31B in 2024 as crypto trading surged and customer numbers hit 50M+.<\/p>\n<p>Revenue jumped to \u00a33.1B, up from \u00a31.8B in 2023. <\/p>\n<p>Its wealth division, including crypto, brought in \u00a3506M \u2013 nearly 4x last year.<a href=\"https:\/\/twitter.com\/hashtag\/Revolut?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Revolut<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoTrading?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#CryptoTrading<\/a> <a href=\"https:\/\/t.co\/g80fumBLUP\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/g80fumBLUP<\/a><\/p>\n<p>\u2014 Satoshi Talks (@Satoshi_Talks) <a href=\"https:\/\/twitter.com\/Satoshi_Talks\/status\/1915334990025392400?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">By November 2024, Revolut expanded its crypto exchange services across 30 new European Economic Area (EEA) markets, including Belgium, Cyprus, and Denmark. This expansion strategy has allowed the company to capitalize on growing interest in digital assets across Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cAgainst the backdrop of strong business performance, we executed a secondary sale transaction at an implied $45 billion valuation to provide liquidity opportunities to employees, alumni, and early shareholders, establishing Revolut as the most valuable private technology company in Europe,\u201d said Stinga. \u201cThrough this process, we welcomed on board a number of new investors known for their thought leadership in our industry including: Coatue, Durable Capital Partners, Dragoneer, Fidelity Management &amp; Research Company, Baillie Gifford, Growth Equity at Goldman Sachs Alternatives, D1 Capital Partners, Mubadala, and Affinity Partners, among others. We are grateful for their trust and are looking forward to their support.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe have observed positive trends across all revenue streams, driven by customer base expansion on one hand and deepening engagement across all our products on the other,\u201d said the CFO.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><strong>Did the crypto market\u2019s resurgence played a pivotal role in the bank\u2019s growth?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Throughout 2024, Revolut strategically enhanced its crypto offerings, positioning itself as a user-friendly gateway to digital assets for retail investors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Revolut\u2019s strategy extends beyond retail banking and cryptocurrency trading. For cryptocurrency enthusiasts and investors, Revolut\u2019s results offer further evidence that digital assets are becoming increasingly mainstream, with regulated financial institutions now playing a significant role in facilitating market access and growth. Furthermore, the company has been actively diversifying its revenue sources, with notable success in premium subscriptions and business services. <\/span><span style=\"font-weight: 400\">Revenue from paid plans climbed 74% year-over-year to \u00a3423 million.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">\u201c2024 was another landmark year for Revolut, with continued growth across all key business areas,\u201d said founder and CEO Nik Storonsky<\/span><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">By November 2024, Revolut had expanded its crypto exchange services across 30 new markets in the European Economic Area (EEA), including Belgium, Cyprus, and Denmark.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/revolut-sees-72-revenue-growth-driven-by-digital-asset-trading\/\">Revolut Sees 72% Revenue Growth Driven By Digital Asset Trading<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revolut recorded a staggering performance in 2024. The UK-headquartered bank announced, in its 24 April 2025 annual report, that its pre-tax profits doubled to $1.3 billion, while revenues surged 72% to \u00a33.1 billion from \u00a31.8 billion in the previous year. \u201cWealth revenues grew 298% YoY, driven by increased crypto trading activity as observed throughout the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23631","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23631"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23631\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}