London-based fintech platform Revolut announced a secondary share sale that has propelled its valuation to $75 billion – a jump of approximately 67% from its referenced $45 billion valuation in August 2024. The deal, while not disclosing the exact funds raised, involved major investors including Coatue, Greenoaks, Dragoneer, Andreessen Horowitz, and NVIDIA’s venture arm.
Revolut’s rapid uptick in value follows strong financial performance: it reported 2024 revenue of about $4 billion and profit before tax nearing $1.4 billion. With a user base exceeding 65 million across 100 countries, the company continues its global expansion, targeting emerging markets such as India and Mexico while positioning as a full-scale digital bank.
The higher valuation signals growing confidence in digital banking and crypto-integrated services, as Revolut enhances offerings from multi-currency accounts to wealth and crypto trading. Market watchers note the milestone reinforces the company’s status as one of Europe’s most valuable private fintech firms.