Crypto-Friendly British App Revolut Reportedly Tripled Losses in 2019

Cointelegraph

Published Aug 12, 2020 07:54AM ET

Updated Aug 12, 2020 01:40PM ET

Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers.

The London-based company reportedly posted a total loss of more than 106 million British pounds ($139 million), up from about 33 million pounds ($43 million) in 2018.

Continue Reading on Coin Telegraph