UK‑based fintech company Revolut announced that its valuation has reached $75 billion after a recent share sale to several investors, including Nvidia’s venture‑capital arm NVentures. Founded in 2015, Revolut has become a leader in providing financial services via smartphones, initially focusing on currency exchange and transfers. The latest round also attracted investment from US firms Coatue, Greenoaks and Dragoneer.
Chief financial officer Victor Stinga said the strong investor interest and the new valuation reflect the robustness of Revolut’s business model, which is delivering rapid growth and solid profitability. In September, the company confirmed that it had begun an employee secondary share sale; sources indicated that its valuation had already risen to $75 billion, up from $45 billion a year earlier.
Revolut has announced plans to invest $13 billion over five years to support its international expansion, targeting 100 million customers across 100 countries. As a digital‑banking alternative, the firm has experienced rapid growth, but it has also faced criticism over its ability to comply with financial regulations, particularly those aimed at combating fraud and money laundering.
The company’s expansion plans and rising valuation underscore its growing presence in the global fintech industry. With its sights set on international growth, Revolut’s latest valuation solidifies its position as a major player in the digital‑banking sector. Its ability to attract significant investment and achieve strong profitability will likely continue to shape the fintech landscape, provided it addresses regulatory concerns and ensures compliance with financial rules.
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