Revolut, Europe’s most valuable fintech startup, is reportedly in talks to raise $1 billion at a $65 billion valuation, according to the Financial Times. The move marks a major step in the London-based company’s global expansion strategy and reflects a 44% increase from its previous $45 billion valuation during a secondary share sale last year.
The potential funding round will include both new shares and the sale of existing equity, signaling continued investor confidence in the high-growth neobank. Greenoaks, a prominent U.S. venture capital firm known for backing tech giants like Stripe and Robinhood, is in discussions to lead the round. However, the final terms are yet to be confirmed.
A $65 billion valuation would further solidify Revolut’s position as a dominant force in the global fintech sector. It also brings the company closer to a major internal milestone: CEO Nik Storonsky is reportedly in line for a significant payout if Revolut reaches a $150 billion valuation.
Revolut continues to enhance its product offerings, providing users access to cryptocurrencies and tokenized stocks through its app. It is also developing support for Bitcoin’s Lightning Network, aiming to enable faster and cheaper crypto payments for European users—a move that underscores its commitment to crypto innovation.
As fintech competition intensifies, this fresh injection of capital could empower Revolut to scale aggressively, diversify its services, and pursue further regulatory approvals in key markets. The funding round, if finalized, would not only reinforce its leadership in Europe’s digital banking sector but also position it as a global challenger in the broader financial ecosystem.
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