@ftfinancenews FT didn’t even report on the news of the next $115bn secondary round (Bloomberg stole the march on that).
Is this an attempt at shoehorning that news in, after the fact 😂
@MattWinton2 But valuations are often built on potential not just current state.
For NU to obtain the number of bank licences Revolut has will take time
@MattWinton2 I understand the point but I don’t agree.
Having principles is powerful. In this case it may well work against us (marginally), but in other instances it can help (solid wage structures for example).
@Futurenvesting I think Revolut is now operating in Latam markets , whereas NU is not available in 20-30
Other regions where Revolut is active
I like both of these in terms of huge growth potential
@DanRichards0n@maxkarpis@FrankConway2025 I agree that invariably most of this 5m will be in that age bracket.
…but 5m/31m (total customer / adult population in Poland) is more like 16% (not 10% as reported)
@QuibbleUK@emeraldthiele I’ve been given a ticket from St Albans council for this exact error before (it was a virtual permit for a friends car on a residential street)
The retracted it after appeal
@alansritchie@DanNeidle@Jan_Leeming Auto invested government backed instruments over its life (to protect against inflation).
People could decide exactly when to switch into an annuity (from say 60). Earlier = reduced annuity, later = enhanced annuity
@DanNeidle@Jan_Leeming The government should commit to start funding personal NI accounts for new births (and topping up yearly as the personal completes eligible years).
Much like the underfunded private final salary scheme’s , it would help to make it more sustainable
@StanCollymore@tSHandJ Palmer is the real shocker. If things are tight you need this exact type of talent/creativity to unlock things.
I’d have taken Wharton over Henderson but I do understand the thinking
@Xelini89@business I wouldn’t say Revolut is like Costco or Santander. It does generate revenue from subscriptions but that’s just one part of a diverse revenue segments.
In 2026 the revenue estimate is $9bn - so heading in the right direction to support a higher valuation in 2028