Prime Highlight
- Revolut has secured new funding that values the neobank at $75 billion, making it one of Europe’s highest-valued private tech companies.
- The company plans to expand globally, targeting new markets including Colombia, Africa, and the UAE, while aiming for 100 million customers by 2027.
Key Facts
- Revolut reported 72% revenue growth to $4 billion in 2024, with its Wealth division revenue rising 298% following the launch of Revolut X crypto exchange.
- Since its 2015 launch, the company has raised nearly $2.9 billion in venture capitaland currently operates under an EU banking license, awaiting full UK banking approval.
Background
Revolut has secured new funding that values the British neobank at $75 billion, making it one of Europe’s highest-valued private tech companies. The company announced that the share sale was backed by leading investors, including Coatue, Greenoaks, Dragoneer, Fidelity, Nvidia’s NVentures, Andreessen Horowitz, and Franklin Templeton. Revolut did not reveal the total amount raised but confirmed that the deal allowed its employees to sell some shares.
This new valuation marks strong growth from $48 billion in 2025, according to previous data from PitchBook. Since it launched in 2015, Revolut has raised nearly $2.9 billion in venture capital. The company has grown quickly and invested a lot to expand into global markets.
Revolut currently operates with a banking license in the European Union and is awaiting approval to become a fully licensed bank in the United Kingdom. It already works in major regions including Australia, Japan, New Zealand, Singapore, Brazil, India, and the United States. The neobank is planning to launch in Colombia in 2026, expand into Africa, starting with South Africa, and grow further in the UAE, where it holds an in-principle payments license.
Financial results show strong momentum. Revolut reported a 72% jump in revenue to $4 billion in 2024 and said it has reached $1 billion in annualized revenue this year. Its Wealth division saw major gains after launching Revolut X, a crypto exchange, pushing revenue in the segment up 298%.
CEO and co-founder Nik Storonsky said the new valuation reflects Revolut’s progress toward its goal of becoming the first truly global bank, with a target of 100 million customers by 2027 and entry into 30 more markets by 2030.