For a second year running, Revolut, the jewel in the UK’s fintech crown, will fail to file its annual accounts on time. It’s not a good look.
Since it launched in 2015, Revolut has grown quickly to 6,000 staff and 25 million customers. In pursuit of a “one app, all things money” vision, it has expanded its product suite aggressively too, pushing into services like crypto trading and international money transfer, and earning the “neobank” moniker. In 2021, Revolut secured a $33 billion valuation, and earlier this year it announced its first ever year of profitability.
But it has suffered a host of unflattering setbacks
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