TLDR
- Revolut reached a valuation of $75 billion following a recent employee share sale.
- The share sale was led by Coatue, Greenoaks, Fidelity, and Dragoneer with support from a16z and Nvidia’s NVentures.
- This marked 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 by 149% to reach $1.4 billion.
Revolut has reached a $75 billion valuation following a recent share sale involving leading global investment firms. The London-based fintech allowed employees to sell equity, marking its fifth employee liquidity event since its founding. This move places Revolut among the world’s most highly 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 Horowitz, Franklin Templeton, and T. Rowe Price joined. NVentures, Nvidia’s venture capital arm, also participated, highlighting ongoing investor confidence in Revolut’s business strategy and growth. Revolut confirmed the deal on Monday, saying it enabled staff to access liquidity through the company’s equity program.
Revolut’s Chief Financial Officer Mikko Salovaara said the share sale provided flexibility and recognized the team’s hard work. He noted,
This was the fifth such event in Revolut’s employee share scheme since 2015.
Revolut expands services while boosting financial performance
Revolut secured banking licenses in Mexico and Colombia, preparing to roll out services in India next year. The company said it recorded a 72% revenue rise to $4 billion in 2024, with pre-tax profit up 149% to $1.4 billion. Revolut now serves more than 65 million retail users, following strong international growth and increased product offerings.
Its business segment generated $1 billion in annualized revenue, reflecting broader adoption of its corporate financial services. Revolut reported increased usage across multiple markets, driven by demand for digital banking and crypto-related products. The fintech remains focused on expanding regulated offerings and developing new features for both retail and business users.
Regulatory approvals and crypto market progress
Revolut received a MiCA license from Cyprus’s financial regulator in October, allowing it to offer crypto services across 30 European nations. This regulatory step helped Revolut widen access to digital assets under consistent EU-wide rules. It aligns with Revolut’s strategy of providing regulated crypto products while complying with evolving global frameworks.
Revolut continues to broaden its services as crypto firms 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 Revolut is exploring a dual listing in London and New York, though no date has been confirmed.
In September, The Times reported Revolut may pursue both markets for its eventual IPO plans. Meanwhile, Bitgo and Kraken have also filed for IPOs, while Grayscale is planning a New York Stock Exchange listing. Revolut remains privately held for now, though the landscape continues to evolve with other crypto firms going public.
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Source: https://blockonomi.com/revolut-hits-75b-valuation-after-share-sale-backed-by-top-firms/
