British neobank Revolut is in advanced discussions to raise approximately $1 billion in new funding through a combination of primary share issuance and secondary stock sales. The financing round is expected to value the fintech company at around $65 billion, a substantial increase from its $45 billion valuation in the previous year. Some reports suggest the valuation could reach up to $75 billion depending on the mix of primary and secondary shares sold. Revolut aims to use the proceeds to accelerate its global expansion, particularly focusing on growth in the United States. The company reported revenue of $4 billion last year, marking a 72% increase, and currently serves 60 million customers. Revolut has set a target to reach 100 million users by the third quarter of 2026 and is aiming for a $100 billion valuation ahead of a potential initial public offering.