Fintech Giant Secures Major Funding Round
Neobank Revolut has successfully completed a private share sale, valuing the company at an impressive $75 billion. This significant valuation positions Revolut among the world's most valuable fintech firms. The funding deal was led by prominent investment companies including Coatue, Greenoaks, Fidelity, and Dragoneer, as announced on Monday.
Further backing for the transaction came from a16z, Franklin Templeton, and T. Rowe Price. Notably, Nvidia's venture capital arm, NVentures, also participated in this substantial investment. As part of the deal, employees were afforded the opportunity to sell shares, marking the fifth liquidity event facilitated through Revolut's employee share program.
Global Expansion and Diverse Service Offerings
Founded in 2015, the London-based fintech company provides a comprehensive suite of digital banking services. Its platform enables customers to engage in the buying, selling, and holding of cryptocurrencies directly through its application. This latest funding announcement follows a period of extensive global expansion for Revolut, during which it secured crucial banking licenses in Mexico and Colombia. Preparations for launching services in India are also currently underway.
Strong Financial Performance and Customer Growth
Revolut reported a remarkable 72% increase in revenue for 2024, reaching a total of $4 billion. Profit before tax experienced an even more substantial surge, climbing 149% to $1.4 billion during the same period. The company's retail customer base surpassed 65 million in 2025, while its business division achieved an impressive $1 billion in annualized revenue.
Regulatory Milestones and Potential Public Listing
Since October, Revolut has been offering regulated crypto services across all 30 countries within the European Economic Area. In that same month, Cyprus's securities regulator granted Revolut a Markets in Crypto-Assets license. A report from The Times published in September indicated that the company is actively considering a dual public listing on both the London and New York stock exchanges.
Broader Trends in Crypto Company Public Offerings
The anticipated surge of crypto companies going public in 2025 is expected to extend into 2026. Circle, the issuer of the USDC stablecoin, made its entry into public markets in June by listing on the New York Stock Exchange. Following this, blockchain firm Figure and crypto exchange Gemini both debuted on the Nasdaq in September.
Several other prominent crypto companies are currently weighing their options for future IPOs. Crypto exchange BitGo filed for a U.S. IPO in September, with Kraken following suit in November. Digital asset manager Grayscale has also announced its plans to list on the NYSE. This ongoing trend signifies a growing mainstream acceptance of cryptocurrency businesses within traditional financial markets.