Revolut announced today that it completed a share sale, valuing the company at $75 billion, a sharp rise from the $45 billion it was valued at last year.
The global fintech leader with over 65 million customers worldwide has spent months courting investors, with the latest funding round led by a diverse group of world-class investors including Andreessen Horowitz (aka a16z), Franklin Templeton, and T. Rowe Price Associates, Inc.
Today’s $75 billion valuation is backed by the digital bank’s robust business momentum and strong financial results.
Revolut’s 2024 revenue grew 72% to $4.0 billion, with profit before tax increasing 149% to $1.4 billion. This growth has carried into 2025, with the global retail customer base surpassing 65 million and Revolut Business hitting $1 billion in annualized revenue.
In a press release, Nik Storonsky, CEO & Co-founder of Revolut, commented: “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. I’d like to thank our team for their determination and energy, and for believing that it is possible to build a global financial and technology leader from Europe.”
Victor Stinga, CFO of Revolut, said: “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 onboard a series of world-class investors and look forward to working with them for the next stage in Revolut’s evolution.”
By 2025, Revolut reached several key global expansion milestones, such as obtaining final banking authorization, preparing for its launch in Mexico, securing its banking incorporation license in Colombia, and planning its debut in India.
By CEO NA Editorial Staff
