Revolut hits $75B valuation in new capital raise

Revolut has raised new funding in a share sale that values it at $75 billion, positioning the British neobank as one of Europe’s most valuable private tech companies. The company said on Monday the deal was led by Coatue, Greenoaks, Dragoneer, and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated. Revolut did not mention how much it raised in the share sale, but it did say it allowed employees to cash out in the deal. As of August 2025, the company had a post-money valuation of $48 billion, and has raised a total of $2.89 billion in venture capital, according toPitchBook. Founded in 2015, Revolut offers a range of services spanning multi-currency accounts, payment and transfer services, crypto products, insurance, and more. The new funding comes as the neobank has been pouring truckloads of cash into expanding its operations internationally. Besides the U.K., where the company isawaiting a final nod to operate as a full-fledged bank, Revolut has a banking license in the European Union, and it operates in Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. Itlaunched operations in Indiain October, is about to start operating in Colombia in 2026, and has received a banking license in Mexico. It also has plans to launch in Argentina, wants to enter Africa (first with South Africa), and has an in-principal payments license in the UAE. The company’s been doing well financially, too: In 2024, its revenue rose 72% to $4 billion, and it claims it reached $1 billion in annualized revenue this year. Per its lastannual report, Revolut reported net profit of $1 billion (£790 million) in 2024. The company also launched a crypto exchange, Revolut X, part of its Wealth division, which saw revenue rise 298% to $647 million in 2024 from just $158 million in 2023. The company hasgrand ambitions, aiming to reach 100 million customers by mid-2027, and enter 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,” Nik Storonsky, CEO and co-founder of Revolut, said in a statement. Topics Editor Ram is a financial and tech reporter and editor. He covered North American and European M&A, equity, regulatory news and debt markets at Reuters and Acuris Global, and has also written about travel, tourism, entertainment and books. You can contact or verify outreach from Ram by [email protected]. StrictlyVC concludes its 2025 series with an exclusive event featuring insights from leading VCs and builders such as Pat Gelsinger, Mina Fahmi, and more. Plus, opportunities to forge meaningful connections. Anduril’s autonomous weapons stumble in tests and combat, WSJ reports This Thanksgiving’s real drama may be Michael Burry versus Nvidia The future will be explained to you in Palo Alto Why ‘hold forever’ investors are snapping up venture capital ‘zombies’ Altman describes OpenAI’s forthcoming AI device as more peaceful and calm than the iPhone OpenAI learned the hard way that Cameo trademarked the word ‘cameo’ US banks scramble to assess data theft after hackers breach financial tech firm