UK fintech firm Revolut’s much-delayed accounts reveal first annual profit

Company criticised for late filing made profit of £26.3m in year to December 2021

Revolut, the UK’s most valuable fintech company, which has faced a string of controversies, has turned its first annual profit, much-delayed accounts reveal.

The company has been praised as a high-growth success story by leading UK politicians including the chancellor, Jeremy Hunt, but it has also been criticised for the late filing of accounts, as well as EU regulatory breaches and fines.