{"id":1913,"date":"2021-06-21T12:46:52","date_gmt":"2021-06-21T10:46:52","guid":{"rendered":"http:\/\/costops.com\/index.php\/2021\/06\/21\/cryptocurrency-boom-fails-to-stem-losses-at-uk-fintech-firm-revolut\/"},"modified":"2021-06-21T12:46:52","modified_gmt":"2021-06-21T10:46:52","slug":"cryptocurrency-boom-fails-to-stem-losses-at-uk-fintech-firm-revolut","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/06\/21\/cryptocurrency-boom-fails-to-stem-losses-at-uk-fintech-firm-revolut\/","title":{"rendered":"Cryptocurrency boom fails to stem losses at UK fintech firm Revolut"},"content":{"rendered":"<p>Losses almost double last year despite growing demand for crypto trading pushing up revenues 34%<\/p>\n<p>Losses at the British fintech firm Revolut nearly doubled last year, despite cashing in on the year-end cryptocurrency boom.<\/p>\n<p>The company \u2013 founded by the former Lehman Brothers trader Nik Storonsky and chaired by the ex-Standard Life Aberdeen boss Martin Gilbert \u2013 said it made \u00a339m on its cryptocurrency investments last year, while growing demand for its crypto trading services helped pushed revenues up 34% to \u00a3222m in the 12 months to 31 December.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/jun\/21\/cryptocurrency-boom-fails-stem-losses-uk-fintech-firm-revolut\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/307719d87ae755847613983f731ca436ac403a46\/0_53_4500_2700\/master\/4500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=e985ed8585bcfc65b4f9ab008b6b7308\" title=\"Cryptocurrency boom fails to stem losses at UK fintech firm Revolut\" \/>Losses almost double last year despite growing demand for crypto trading pushing up revenues 34%<br \/>\nLosses at the British fintech firm Revolut nearly doubled last year, despite cashing in on the year-end cryptocurrency boom.<br \/>\nThe company \u2013 founded by the former Lehman Brothers trader Nik Storonsky and chaired by the ex-Standard Life Aberdeen boss Martin Gilbert \u2013 said it made \u00a339m on its cryptocurrency investments last year, while growing demand for its crypto trading services helped pushed revenues up 34% to \u00a3222m in the 12 months to 31 December. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losses almost double last year despite growing demand for crypto trading pushing up revenues 34% Losses at the British fintech firm Revolut nearly doubled last year, despite cashing in on the year-end cryptocurrency boom. The company \u2013 founded by the former Lehman Brothers trader Nik Storonsky and chaired by the ex-Standard Life Aberdeen boss Martin &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/06\/21\/cryptocurrency-boom-fails-to-stem-losses-at-uk-fintech-firm-revolut\/\"> <span class=\"screen-reader-text\">Cryptocurrency boom fails to stem losses at UK fintech firm Revolut<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":1914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1913"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=1913"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/1914"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=1913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=1913"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=1913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}