Editing Revolut
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 1,209: | Line 1,209: | ||
''Sources: Pitchbook, Company data''<ref>https://www.revolut.com/fr-FR/news/revolut_raises_800m_series_e_funding_from_softbank_vision_fund_2_and_tiger_global/</ref> | ''Sources: Pitchbook, Company data''<ref>https://www.revolut.com/fr-FR/news/revolut_raises_800m_series_e_funding_from_softbank_vision_fund_2_and_tiger_global/</ref> | ||
To understand the intrinsic value of Revolut, the stockhub user has decided to compare the performance of Revolut with its comparables or close competitors. For the purpose of this report, the close comps | To understand the intrinsic value of Revolut, the stockhub user has decided to compare the performance of Revolut with its comparables or close competitors. For the purpose of this report, the close comps adopted are Monzo, Starling Bank, and N26. | ||
* '''Monzo''': Monzo was established in 2015, at about the same time of Revolut. Recently valued at $3.7bn in its last round in 2021, Monzo currently has 7 million users and generated £440mn revenue in 2021<ref>https://www.businessofapps.com/data/monzo-statistics/</ref>. Not profitable since it commenced operation. | * '''Monzo''': Monzo was established in 2015, at about the same time of Revolut. Recently valued at $3.7bn in its last round in 2021, Monzo currently has 7 million users and generated £440mn revenue in 2021<ref>https://www.businessofapps.com/data/monzo-statistics/</ref>. Not profitable since it commenced operation. | ||
Line 1,215: | Line 1,215: | ||
* '''N26''': N26 is one of the neobanks that launched in the mid 2010s. Founded in Munich and received a banking license in 2016. Currently has other services such as basic current account, savings and insurance. As with Revolut, N26 currently does not have a UK banking license but operates across Europe with over eight million customers across 24 countries<ref>https://www.businessofapps.com/data/n26-statistics/</ref>. | * '''N26''': N26 is one of the neobanks that launched in the mid 2010s. Founded in Munich and received a banking license in 2016. Currently has other services such as basic current account, savings and insurance. As with Revolut, N26 currently does not have a UK banking license but operates across Europe with over eight million customers across 24 countries<ref>https://www.businessofapps.com/data/n26-statistics/</ref>. | ||
For context, in 2021, Revolut reported £636mn annual revenues a total of 15mn registered users. | For context, in 2021, Revolut reported £636mn annual revenues a total of 15mn registered users. | ||
[[File:Revolut Comps.png|left|thumb|350x350px|Revolut valuation based on comparable companies; Monzo, Starling Bank, and N26. ''Sources: Company Financials, Pitchbook''<ref>https://pitchbook.com/profiles/company/64126-90#funding</ref>]] | [[File:Revolut Comps.png|left|thumb|350x350px|Revolut valuation based on comparable companies; Monzo, Starling Bank, and N26. ''Sources: Company Financials, Pitchbook''<ref>https://pitchbook.com/profiles/company/64126-90#funding</ref>]] | ||
Line 1,279: | Line 1,279: | ||
Overall, Revolut's multifaceted ESG initiatives substantiate its resolute commitment towards effecting tangible and measurable positive impacts across the spheres of environment, society, and governance. The enthusiastic alignment with Tech Zero manifests as a testament to the company's resolute stance in the face of ambitious yet feasible sustainability objectives. The transparent disclosure, meticulous measurement methodologies, and proactive reduction strategies collectively underscore the company's determined efforts in combatting climate change while simultaneously championing judicious business practices. As Revolut continues its evolutionary journey, its unswerving commitment to a sustainable future remains resolute and unwavering. | Overall, Revolut's multifaceted ESG initiatives substantiate its resolute commitment towards effecting tangible and measurable positive impacts across the spheres of environment, society, and governance. The enthusiastic alignment with Tech Zero manifests as a testament to the company's resolute stance in the face of ambitious yet feasible sustainability objectives. The transparent disclosure, meticulous measurement methodologies, and proactive reduction strategies collectively underscore the company's determined efforts in combatting climate change while simultaneously championing judicious business practices. As Revolut continues its evolutionary journey, its unswerving commitment to a sustainable future remains resolute and unwavering. | ||