In a landmark development for the fintech industry, British neobank Revolut has achieved a staggering $75 billion valuation following a recent secondary share sale. This marks a significant leap from its previous valuation of $45 billion just over a year ago, representing a 66% increase and solidifying its position as one of Europe’s most valuable startups.
Details of the Share Sale
The transaction was structured as a secondary share sale, allowing current employees to liquidate portions of their holdings for the fifth time in the company’s history. While the exact amount raised in the sale was not disclosed, the deal attracted a roster of high-profile investors. Leading the round were Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with additional participation from NVentures (NVIDIA’s venture capital arm), Andreessen Horowitz, Franklin Templeton, and T. Rowe Price Associates.
Notably, NVIDIA’s involvement is poised to foster deeper collaboration in artificial intelligence, enhancing Revolut’s technological capabilities as it scales. Revolut’s Chief Financial Officer, Victor Stinga, commented on the deal: “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.” He added, “We welcome onboard a series of world-class investors and look forward to working with them for the next stage in Revolut’s evolution.”
Strong Financial Performance Fuels Growth
The elevated valuation is backed by impressive financial metrics. In 2024, Revolut reported a 72% year-over-year revenue increase to $4.0 billion, alongside a 149% rise in profit before tax to $1.4 billion. Entering 2025, the company has expanded its global retail customer base to over 65 million users, while its Revolut Business segment hit $1 billion in annualized revenue.
This performance underscores Revolut’s evolution from a simple money transfer app to a comprehensive digital banking platform offering services like cryptocurrency trading, stock investments, insurance, and more. Founded in 2015 by Nik Storonsky and Vlad Yatsenko, Revolut has disrupted traditional banking with its app-based model, appealing to tech-savvy consumers worldwide.
Future Plans and Global Ambitions
Looking ahead, Revolut is focused on aggressive expansion to cement its status as the world’s first truly global bank. Key milestones include securing banking authorizations and launching operations in new markets such as Mexico, Colombia, and India. The company aims to reach 100 million customers across 100 countries, with ongoing efforts to obtain a U.S. banking license to further penetrate the American market.
As fintech continues to reshape the financial landscape, Revolut’s latest valuation not only highlights its momentum but also signals growing investor confidence in digital banking’s potential. With strategic partnerships like the one with NVIDIA, Revolut is well-positioned to innovate and expand in the coming years.