Revolut's 2021 revenues grew by 33% despite crypto winter

Revenues from its crypto business shrank in 2022 as the crypto-downturn hit the firm.

Fintech company Revolut made its first full-year profit in 2021 and registered a 33% revenue jump last year, its finance chief told Reuters.

Revenues at the company increased to more than £850m (€964m) in 2022 on the back of payments, subscriptions and business accounts, said CFO Mikko Salovaara, despite a downturn in crypto, which is a key part of the group's business.