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Revolut Raised Eyebrows with 'Bizarre' Audit Response

Fintech Revolut is taking some heat for issuing a response to what many are calling a critical audit that appears to ignore several red flags cited in the review of the company’s finances. So reports The Financial Times

The audit conducted by BDO included language indicating revenue numbers “may be materially misstated” and overdue accounts from 2021 may also paint a murkier picture than presented by the company. Revolut's statement regarding the audit said it hired its own lawyers who confirmed “the financial statements give a true and fair view” of its fiscal health.

Read the full article from The Financial Times.

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