Revolut reports record profits as it hints at plans for IPO
by Kalyeena Makortoff Banking correspondent from World news | The Guardian on (#6NY1V)
London-based fintech company has been waiting more than three years for its UK licence to be approved
Revolut has reported record annual profits and further hinted at plans for a stock market flotation, despite still struggling to secure a UK banking licence.
The London-based fintech company, which has been waiting more than three years for its UK licence to be approved, swung to a 438m profit in 2023, having made a 25m loss a year earlier.
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