Revolut hits $75B valuation in new capital raise

4 months ago 53

Revolut has raised caller backing successful a stock merchantability that values it astatine $75 billion, positioning the British neobank arsenic 1 of Europe’s astir invaluable backstage tech companies.

The institution said connected Monday the woody was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and different backers advised by T. Rowe Price Associates besides participated.

Revolut did not notation however overmuch it raised successful the stock sale, but it did accidental it allowed employees to currency retired successful the deal. As of August 2025, the institution had a post-money valuation of $48 billion, and has raised a full of $2.89 cardinal successful task capital, according to PitchBook.

Founded successful 2015, Revolut offers a scope of services spanning multi-currency accounts, outgo and transportation services, crypto products, security and more. The caller backing comes arsenic the neobank has been pouring truckloads of currency into expanding its operations internationally.

Besides the U.K., wherever the institution is awaiting a last motion to run arsenic a full-fledged bank, Revolut has a banking licence successful the European Union, and it operates successful Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. It launched operations successful India successful October, is astir to commencement operating successful Colombia successful 2026, and has received a banking licence successful Mexico.

It besides has plans to motorboat successful Argentina, wants to participate Africa (first with South Africa), and has an in-principal payments licence successful the UAE.

The company’s been doing good financially, too: successful 2024, its gross roseate 72% to $4 billion, and it claims it reached $1 cardinal successful annualized gross this year. Per its past annual report, Revolut reported nett net of $1 cardinal (£790 million) successful 2024. The institution besides launched a crypto exchange, Revolut X, portion of its Wealth division, which saw gross emergence 298% to $647 cardinal successful 2024 from conscionable $158 cardinal successful 2023.

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The institution has grand ambitions, aiming to scope 100 cardinal customers by mid-2027, and participate implicit 30 caller markets by 2030.

“This milestone reflects the singular advancement we person made successful the past 12 months towards our imaginativeness of gathering the archetypal genuinely planetary bank, serving 100 cardinal customers crossed 100 countries,” Nik Storonsky, CEO and co-founder of Revolut, said successful a statement.

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