Revolut Achieves $75 Billion Valuation After Major Share Sale

Revolut has completed a major fundraising round, reaching a valuation of $75 billion. This positions it as one of the highest-valued private fintech companies globally.

Investors include Coatue, Greenoaks, Dragoneer, Fidelity Management & Research Company, Andreessen Horowitz, Franklin Templeton, T. Rowe Price Associates, and NVentures (NVIDIA's venture capital division).
NVentures' involvement highlights increased collaboration between Revolut and NVIDIA in AI initiatives.

Financial Performance and Market Expansion

This is the fifth opportunity for Revolut employees to sell equity, also providing liquidity for early investors.
Revolut expanded operations with banking authorization in Mexico, a license in Colombia, and plans to launch in India.
2024 revenue was $4.0 billion, a 72% increase, with $1.4 billion profit before tax, up 149%.
The global retail customer base exceeded 65 million, and Revolut Business reached $1 billion in annualized revenue.
Aims to serve 100 million customers across 100 countries in upcoming years.

Strategic Plans

CEO Nik Storonsky aims for Revolut to be the first genuinely global bank built in Europe.
The enhanced valuation supports expanding crypto banking operations and accelerating market launches.
Partnerships formed with companies like Binance, Changelly, and Ripple to enhance offerings.