Jul 9, 08:03 PM

Revolut Seeks $65 B Valuation in $1 B Funding Round

London-based fintech Revolut is negotiating a private financing round that could value the company at about $65 billion, according to multiple reports citing people familiar with the matter. The discussions centre on raising roughly $1 billion through a mix of newly issued shares and the sale of existing stock, with U.S. investment firm Greenoaks in line to lead the round, the Financial Times said. The prospective deal would mark a sharp jump from Revolut’s $45 billion secondary-market valuation last year and could rise to as much as $75 billion depending on final terms, other sources told Axios. Revolut disclosed in April that 2024 pretax profit more than doubled to £1.1 billion and reaffirmed plans to start operating as a fully licensed UK bank in 2025, milestones that analysts say have bolstered investor appetite for the fast-growing neobank.

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Revolut Seeks $65 B Valuation in $1 B Funding Round

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