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2 billion profit: Why Revolut is so profitable

Built a money machine: Revolut founder Nik Storonsky.
Bloomberg / Getty Images / Collage: Dominik Schmitt

These numbers are almost revolutionary: Nik Storonsky, CEO and founder of the fintech Revolut, presented his annual report on Tuesday – and it is impressive. With consolidated sales of 5.3 billion euros, the company generates a profit of two billion euros. The profit margin is 38 percent. For comparison: US giants like Google, Meta or Microsoft average 20 to 30 percent. Why is Revolut so profitable – and is it sustainable?

From fintech app to global bank



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