🚨𝗝𝗨𝗦𝗧 𝗜𝗡: Revolut Surpasses $2.2 Billion in Revenue and Achieves Record Profits of $545 Million in 2023. 2023 marks the third consecutive year of profitability for Revolut. Key Highlights of the Financial Results: 🔹 Record Revenue: $2.2 billion – a 95% increase from 2022 🔹 Record Profit: $545 million pre-tax – with a net profit margin of $428 million, up 19% 🔹 Record Growth: 12 million new customers – reaching a total of 38 million in 2023, now at 45 million 🔹 Deposits Surge: Up 38% to $22 billion 🔹 Continued Expansion: Launched in Brazil and New Zealand – now available in 38 countries 🔹 Product Innovation: Introduced IBANs for Ireland, Netherlands, France, and Spain; rolled out personal loans, credit cards, savings products, and Revolut Ultra, among many other offerings.

Amy Radin, the first chief innovation officer at Citi, joins us on the BAI Banking Strategies podcast to discuss the latest BAI Global Innovation Awards results and financial services innovation more broadly. bit.ly/3CoUpwd bit.ly/3CoUpwd

After my thread about KYC issues with @stripe Atlas yesterday, @patrickc reached out within 15 min, issues fixed, legal entity opened next day. Fact that founder/CEO of a $95bn company does that is amazing. Very loyal customer here now. Go @stripe!

Today marks an important milestone in Railsbank’s journey Railsbank has become @railsr_ the world's leading embedded finance experiences platform

if Wolf of Wallstreet were about crypto...

all of us can be found here -> bit.ly/fastopentowork

In the US, we've solved this problem by...well, we haven't really. The Bureau of Engraving simply mails the blind a little AAA battery-powered "iBill" device that they must used to scan bills. Despite decades of promises, we still don't have an accessible currency. (5/5)

Last year as we got started, we had to find a banking partner for Stonks. @immad had started @BankMercury so decided to give it shot. Can honestly say it’s the best banking experience I’ve ever had. Wires in minutes, gorgeous UX, search that works 🧵