Revolut’s Valuation Soars to $75 Billion in Major Fintech Leap
Revolut has cemented its position among the world's elite fintech players with a staggering valuation jump to $75 billion. The London-based digital finance platform achieved this milestone through a secondary share sale, marking one of Europe's most significant private-market leaps. Demand was fierce, with shares trading at $1,381.06 each despite the company's ongoing lack of a UK banking license.
Institutional heavyweights including Coatue, Fidelity, and Andreessen Horowitz rushed to participate in the deal. Revolut's financial performance has been equally impressive, with 2024 revenue hitting $4 billion—a 72% year-over-year increase—and pre-tax earnings growing 149% to $1.4 billion. The company's aggressive global expansion continues to attract investor confidence.