Revolut concludes funding round, secures $75bn valuation

By Vriti Gothi

Revolut has completed a fundraising process through a secondary share sale, valuing the company at $75 billion. The transaction, which provides liquidity to employees and expands the firm’s institutional investor base, was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from NVentures, NVIDIA’s venture capital arm, and several other major global funds, including Andreessen Horowitz, Franklin Templeton and T. Rowe Price Associates.

The valuation follows a period of strong performance and rapid geographic expansion. Revolut reported a 72% year-on-year revenue increase to $4.0 billion in 2024, while profit before tax rose 149% to $1.4 billion. The company also surpassed 65 million global retail users, and its business banking division reached $1 billion in annualised revenue.

The funding event is the fifth employee share sale the company has conducted, reinforcing its focus on equity liquidity in the private markets. Employee participation was a key component of the latest transaction, reflecting Revolut’s strategy to retain and reward talent as competition intensifies across the global financial services and technology sectors.

In parallel, the company has advanced its international expansion agenda, securing banking authorisations in Mexico and Colombia and preparing launches in both markets, as well as in India. These developments form part of Revolut’s ambition to build what it describes as the first “truly global bank.”

“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,” said Nik Storonsky, CEO and Co-founder of Revolut.

Victor Stinga, CFO of Revolut, added, “The level of investor interest and our new valuation reflect the strength of our business model, which is delivering both rapid growth and strong profitability. We welcome on board a series of world-class investors and look forward to working with them for the next stage in Revolut’s evolution.”

The deal underscores continued investor confidence in high-growth digital banking platforms despite a more selective funding environment, as FinTechs increasingly pursue sustainable profitability, diversified revenue lines and regulatory expansion to remain competitive.