Revolut hits $75B valuation in new capital raise

In a significant move, Revolut has successfully secured funding through a share sale, resulting in a staggering valuation of $75 billion. This development cements the British neobank’s status as one of Europe’s most valuable private technology enterprises. The latest funding round was spearheaded by prominent firms including Coatue, Greenoaks, Dragoneer, and Fidelity. Notable investors such as Nvidia’s NVentures, Andreessen Horowitz, and Franklin Templeton, along with advisors from T. Rowe Price Associates, also joined the investment effort. While the specifics of the amount raised were not disclosed, Revolut confirmed that employees were given the opportunity to cash out during this share sale. As of August 2025, the company reported a post-money valuation of $48 billion, having amassed a total of $2.89 billion in venture capital, according to PitchBook data. Founded in 2015, Revolut provides a diverse array of financial services that includes multi-currency accounts, payment processing, cryptocurrency products, and insurance. The influx of new capital comes at a time when Revolut is aggressively expanding its global footprint. Alongside its base in the U.K., where it awaits final approval to operate as a full bank, the company has secured a banking license in the European Union and operates across multiple countries including Australia, Japan, New Zealand, Singapore, Brazil, and the United States. Recently, it launched its services in India and is set to commence operations in Colombia by 2026, with plans for expansion into Mexico, Argentina, and South Africa, as well as a pending payments license in the UAE. Financially, Revolut is thriving; in 2024, its revenue surged by 72% to reach $4 billion, and it anticipates achieving $1 billion in annualized revenue for the current year. According to its latest annual report, the company reported a net profit of $1 billion (£790 million) in 2024. Furthermore, the launch of its crypto exchange, Revolut X, which is part of its Wealth division, significantly boosted revenue, soaring 298% to $647 million in 2024 from $158 million the previous year. With ambitious goals set for the near future, Revolut aims to attract 100 million customers by mid-2027 and expand into over 30 new markets by 2030. "This milestone reflects the remarkable progress we have made in the last twelve months towards our vision of building the first truly global bank, serving 100 million customers across 100 countries," stated Nik Storonsky, CEO and co-founder of Revolut.