Revolut breaks even for 1st time from adding crypto trading to platform

Revolut, a financial technology firm based in London, broke even in December for the first time after it launched a service for converting and holding cryptocurrencies. The company says it added 500,000 customers in the past two months, bringing the total to 1.5 million.

The nearly three-year-old firm began offering bitcoin and litecoin in early December. Revolut said it’s also growing because of new products like geolocation travel insurance. It has 350,000 daily active users and more than 800,000 monthly active users. (Six months ago, those figures were 100,000 and 600,000, respectively.)

Revolut says its customers’ cryptocurrency is held offline, known as cold storage, citing security reasons.

Revolut says it’s signing up as many as 8,000 new customers each day and is preparing to expand in the US, Australia, and Singapore, with talks underway from India to South Africa.

Write: Sara Bauer



  1. I’d ⅼiкe to thank you for the effߋrts you’ve put in writing this site.
    I’m hoping to see the same high-grade blog posts from you in the future as well.
    In fаct, your creative wrіting abіlities has encourɑged me
    to get my own blog now 😉

  2. I love ѡhat you guys are usually up too. Such clever worҝ and coverage!
    Keep up the super works guys I’ve included you guys to bloɡroll.

  3. I just want to tell you that I’m newbie to blogs and certainly liked you’re blog site. Probably I’m going to bookmark your blog . You amazingly come with exceptional article content. Bless you for sharing your website.

Leave a Reply

Your email address will not be published. Required fields are marked *