British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at...
After years of easy money and rapid growth, the FinTech bubble burst in 2022 amid economic challenges. A new monthly report takes a deep dive into FinTechs’ sometimes painful pivot to profitability, starting with BNPL.
After a record-breaking year in 2021, the FinTech industry experienced a significant downturn in 2022. High inflation, market volatility and recession fears caused investors to shift their focus from companies’ growth potential to their current profitability; a metric many FinTechs struggle with. Consequently, once abundant...
September 19, 2023
British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at a later date. Reached for comment by PYMNTS, a Revolut […]
