Revolut just pulled off one of Europe's biggest fintech funding rounds, hitting a staggering $75 billion valuation that positions the British neobank among the continent's most valuable private tech companies. The deal brings together Silicon Valley's heaviest hitters and signals massive investor appetite for global financial services expansion.
Revolut just made fintech history. The British neobank closed a share sale that values the company at $75 billion, marking one of Europe's largest private tech valuations and representing a massive 56% jump from its $48 billion valuation just three months ago.
The deal was led by heavy-hitting investment firms Coatue, Greenoaks, Dragoneer and Fidelity, according to Monday's announcement from TechCrunch. But the real firepower came from the supporting cast - Nvidia's NVentures, Andreessen Horowitz, Franklin Templeton, and backers advised by T. Rowe Price Associates all threw their weight behind the round.
While Revolut stayed quiet on the exact funding amount, the company confirmed employees got to cash out through the share sale - a move that's becoming standard practice for late-stage startups looking to retain talent without going public. The timing couldn't be better, considering Revolut's been burning cash on what CEO Nik Storonsky calls building "the first truly global bank."
The numbers tell the expansion story clearly. Since its 2015 launch, Revolut has raised $2.89 billion in venture capital according to PitchBook data, but it's the revenue trajectory that's catching investor attention. The company hit $4 billion in revenue for 2024 - a 72% year-over-year jump - while posting $1 billion in net profit.
That financial momentum is funding an aggressive international push that spans continents. Beyond its home UK market, where Revolut is still waiting for full banking approval, the company operates across Australia, Japan, New Zealand, Singapore, Brazil, and the US. October saw Revolut's India launch, with Colombia coming in 2026 and a fresh banking license secured in Mexico.
The expansion roadmap gets even more ambitious from there. Revolut has Argentina in its sights, wants to crack Africa starting with South Africa, and holds an in-principle payments license in the UAE. It's a geographic sprint that mirrors how approached social media dominance - go everywhere fast and let market dynamics sort out the winners.
