Despite the crypto bear market, the turnover of Revolut increased by 33 % in 2022 (report)

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Von: Krypto News Österreich

Das in London ansässige Fintech-Unternehmen Revolut, das den Handel mit Kryptowährungen ermöglicht, verzeichnete im Jahr 2022 einen Umsatzanstieg von 33 %, sagte der CFO des Unternehmens. Seine positiven Ergebnisse kommen trotz des Rückgangs des Kryptomarktes im letzten Jahr und der insgesamt ungünstigen makroökonomischen Bedingungen. Eine „starke Dynamik“ Mikko Salovaara – CFO von Revolut – enthüllt gegenüber Reuters, dass der Umsatz des Unternehmens im Jahr 2022 auf 1,03 Milliarden US-Dollar gestiegen ist. Er sagte, die Zahl der neuen Abonnements und Geschäftskonten sei trotz des Niedergangs des Kryptowährungsmarktes in den letzten Monaten gestiegen. Revolut bietet Kunden die Möglichkeit, über 90 digitale Währungen …
The Fintech company Revolut, based in London, which enables cryptocurrencies trade, recorded an increase in sales of 33 %in 2022, said the company's CFO. His positive results come despite the decline in the cryptom market last year and the overall unfavorable macroeconomic conditions. A "strong dynamic" Mikko Salovaara-CFO of Revolut-reveals to Reuters that the company's turnover rose to $ 1.03 billion in 2022. He said the number of new subscriptions and business accounts had increased in recent months despite the decline of the cryptocurrency market. Revolut offers customers the opportunity to over 90 digital currencies ... (Symbolbild/KNAT)

The Fintech company Revolut, based in London, which enables cryptocurrencies trade, recorded an increase in sales of 33 %in 2022, said the company's CFO.

His positive results come despite the decline in the cryptom market last year and the overall unfavorable macroeconomic conditions.

A "strong dynamic"

Mikko Salovaara-CFO of Revolut- reveals span data server spaces = "true"> against Reuters in 2022 to 1.03 billion US dollar has increased.

He said that the number of new subscriptions and business accounts had increased in the past few months despite the decline of the cryptocurrency market. Revolut offers customers the opportunity to buy, sell and change over 90 digital currencies, including the leaders - Bitcoin (BTC) and Ether (Eth).

"We have built up a strong dynamic," said the manager.

Salovaara said that the revenue from the cryptooperations of Revolut decreased compared to 2021 (while the House) and 5-10 % of the total income in 2022.

CEO Nikolay Storonsky previously said that the company was profitable in 2021 after it had a loss of almost $ 270 million in 2020. The bookkeeping results for 2022 are expected to be published by June of this year.

One of the most valuable start-ups of the UK has collected $ 1.7 billion since its foundation in 2015. However, Salovaara said that the company did not intend to secure donations soon, and described it as "self -supporting". He also explained that Revolut endeavors to become a listed company, although "it has no priority".

It was one of the few crypto-related organizations announced Expansion plans in the middle of the Baisse to increase the size of his team to 6,000 members. Revolut intends to expand to India, Mexico and Brazil in the near future and will probably expand to New Zealand in the next few weeks.

Revoluts approvals in the whole world

The FinTech company secured important registrations last year to expand the scope of its cryptocurrency offers. The Cypriot Securities and Börsenkommission (Cyseec) awarded Revolut with a Crypto-Asset-Service Provider license (CASP) in August. Before that, it received the approval of the Spanish Central Bank and the Monetary Authority of Singapore (MAS).

also the British Financial Conduct Authority (FCA). enables revolut in September offered cryptocurrency services for locals. The watchdog was initially against urge the company to improve its examination process and to set up a back office like a bank.

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