According to a report by Fintech Files, Revolut aims to turn a profit before the end of the year.
This comes as the company deals with the impact of Covid-19.
It offered staff the chance to take up shares instead of pay just last week.
Its founders will also forego their salaries.
What does this mean?
The company’s revenue has shot up in recent times and while recent announcements have been taken as a reaction to Covid-19, Fintech Files’ sources have suggested it’s also to steer the FinTech toward profitability in good time. Revolut has not confirmed this.