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Revolut Reports First-Ever Annual Profit amid Stagnating Tech Industry

The reported first-ever annual profit by Revolut follows the fintech giant’s January decision to suspend launching RevCoin. British-Lithuanian neobank and fintech platform Revolut recently reported its first-ever annual profit due to increased user engagement. The London-based fintech giant revealed it raked in a net profit of £59.1 million for 2021. According to Revolut,

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