
How is Revolut changing and what does it mean for its customers?
The Explainer
00:00
The Fear of Irish Banks Expanding Their Operations
Revolus says there's almost 30 million customers and it's made a profit last year, I think of maybe 100 million. So I'm not sure if the banks are quivering just yet. It's always like as well, the fashion industry. Penny still hasn't gotten in to online shopping and it's doing okay. We're constantly told that Marks and Spencer is going to die or it's going to fall. But then you look at the profits of ASOS and it's nothing. And then you lookat the profits of Marks and Spencer's and they're still making a few hundred million euros. So it's kind of the same with banking. Yes, banking is changing.
Transcript
Play full episode