TLDR
- Revolut reached a valuation of $75 billion after a recent share sale.
- The share sale was led by Coatue, Greenoaks, Fidelity and Dragoneer with support from a16z and Nvidia’s NVentures.
- This was the fifth time Revolut offered liquidity to employees through its share program.
- Revolut reported a 72 percent revenue increase in 2024 totaling $4 billion.
- The company’s pre-tax profit rose 149% to $1.4 billion.
Revolut has reached a valuation of $75 billion following a recent share sale with leading global investment firms. The London-based fintech allowed employees to sell shares, marking its fifth employee liquidity event since its founding. This move places Revolut among the world’s highest valued private fintech companies as it continues global expansion.
Top investors join Revolut’s latest funding round
Coatue, Greenoaks, Fidelity and Dragoneer led the funding, while Andreessen HorowitzFranklin Templeton and T. Rowe Price joined. NVentures, Nvidia’s venture capital arm, also participated, highlighting investors’ ongoing confidence in Revolut’s business strategy and growth. Revolut confirmed the deal on Monday, saying it allowed staff to access liquidity through the company’s share program.
Revolut’s CFO Mikko Salovaara said the share sale provided flexibility and acknowledged the team’s hard work. He noted,
“We are pleased to be able to offer liquidity while maintaining a strong capital position to support our growth plans.”
This was the fifth such event in Revolut’s employee share program since 2015.
Revolut expands services while raising financial performance
Revolut secured banking licenses in Mexico and Colombia and was preparing to launch services in India next year. The company said it posted revenue growth of 72% to $4 billion in 2024, with pre-tax profit up 149% to $1.4 billion. Revolut now serves more than 65 million retailers, following strong international growth and increased product offerings.
Its business segment generated $1 billion in annual revenue, reflecting broader adoption of the company’s financial services. Revolut reported increased usage in several markets, driven by demand for digital banking and crypto-related products. Fintech continues to focus on expanding regulated offerings and developing new features for both retail and business users.
Regulatory approvals and progress in the crypto market
Revolut got one MiCA license from the Cyprus Financial Supervisory Authority in October, allowing it to offer crypto services in 30 European countries. This regulatory step helped Revolut broaden access to digital assets under consistent EU-wide rules. It is in line with Revolut’s strategy to provide regulated crypto products while following evolving global frameworks.
Revolut continues to broaden its services as crypto companies explore public listings in 2025 and beyond. Circle, Gemini and Figure all debuted on public markets this year, signaling increased IPO momentum in the crypto space. Reports suggest that Revolut is exploring a dual listing in London and New York, although no date has been confirmed.
In September, The Times reported that Revolut may pursue both markets for its eventual IPO plans. Meanwhile, Bitgo and Kraken has also filed for IPOs, while Grayscale is planning an IPO in New York. Revolut remains privately held for now, although the landscape continues to evolve with other crypto companies going public.
