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Revolut completes share sale, achieves $75bn in valuation

by FeeOnlyNews.com
5 months ago
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Revolut completes share sale, achieves bn in valuation
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Revolut has announced the completion of secondary share sale, valuing the company at $75bn, which is a 66% jump from 2024.

The fundraising transaction was spearheaded by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from a range of investors including Andreessen Horowitz (a16z), Franklin Templeton, and T Rowe Price Associates.

NVentures, NVIDIA’s venture capital arm, also participated, strengthening Revolut’s collaboration with NVIDIA in areas such as artificial intelligence.

This transaction has given existing employees the chance to sell their shares.

To date, Revolut has facilitated five separate share sales for its staff.

Revolut stated that this makes its employee share programme one of the most liquid among private companies in the sector.

Revolut’s $75bn valuation is supported by strong financial results.

In 2024, the company reported a 72% increase in revenue to $4bn, while profit before tax rose by 149% to $1.4bn.

The company’s growth has continued into 2025, with the global retail customer base now exceeding 65 million and Revolut Business achieving $1bn in annualised revenue.

Among the company’s milestones this year includes the final banking authorisation and upcoming launch in Mexico, a banking incorporation licence in Colombia, and an upcoming launch in India. These developments form part of Revolut’s strategy to establish itself as a global bank across multiple continents.

Revolut CEO and co-founder Nik Storonsky stated: “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.”

Revolut CFO Victor Stinga added: “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.”

“Revolut completes share sale, achieves $75bn in valuation” was originally created and published by Retail Banker International, a GlobalData owned brand.

 

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.



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