Revolut Hits $75 Billion Valuation Following Secondary Share Sale
Summary:
London-based fintech giant Revolut has achieved a $75 billion valuation after a secondary share sale led by prominent investment firms, including Coatue, Fidelity, and NVIDIA’s venture arm, NVentures. The company reported a 72% revenue increase to $4 billion in 2024, alongside a 149% surge in pre-tax profits. Revolut’s global expansion continues with banking licenses secured in Mexico and Colombia, and plans to enter India and Latin America. The firm also partnered with Polygon Labs to enable crypto remittances and received a Markets in Crypto Assets (MiCA) license, solidifying its position in the crypto ecosystem.
What This Means for You:
- Revolut’s growth signals increased access to innovative financial services, particularly in emerging markets like Latin America and India.
- Businesses can leverage Revolut’s Crypto 2.0 platform for zero-fee stablecoin swaps and staking, optimizing cross-border payments.
- Crypto users in the UK and EEA benefit from seamless remittances via Polygon blockchain integration.
- Watch for Revolut’s continued expansion, which may disrupt traditional banking and payment systems globally.
Original Post:
London-based fintech firm Revolut has secured a $75 billion valuation following a secondary share sale involving several of the world’s largest investment firms, the company said in a press release.
The transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from Andreessen Horowitz, Franklin Templeton, and NVIDIA’s venture arm, NVentures.
The deal comes on the heels of strong financial results and a burst of global expansion. Revolut reported $4 billion in revenue for 2024, a 72% jump from the year before. Pre-tax profit rose 149% to $1.4 billion and the company says its business arm now generates $1 billion in annualized revenue.
In 2025, Revolut secured banking licenses in Mexico and Colombia, and is preparing for launches in India and Latin America, it aded. The firm, with over 65 million users around the word, earlier this month started working with Polygon Labs to enable its users in the UK and EEA to make crypto remittances in USDC, USDT, and POL, via the Polygon blockchain and the Revolut app.
The firm received a Markets in Crypto Assets (MiCA) license from Cyprus last month as its focus on the ecosystem has kept on growing. The license gave it it regulatory clearance to offer crypto services across the European Economic Area and, that same month, it launched its Crypto 2.0 platform. The platform added support to more than 280 tokens, zero-fee staking, and enabled stablecoin swaps at no cost.
Revolut did not detail how much was raised, but said the deal allowed current employees to cash out some of their shares, marking the fifth such liquidity event for staff.
Extra Information:
For a deeper dive into Revolut’s crypto integration, check out this article on its partnership with Polygon Labs. Learn more about the MiCA license and its implications for European crypto regulations in this detailed report.
People Also Ask About:
- What is Revolut’s Crypto 2.0 platform? It supports over 280 tokens, offers zero-fee staking, and enables seamless stablecoin swaps.
- How does Revolut’s Polygon integration work? Users in the UK and EEA can send crypto remittances via Polygon’s blockchain.
- What is the MiCA license? It allows Revolut to offer regulated crypto services across the European Economic Area.
- What are Revolut’s future expansion plans? The company is targeting launches in India and Latin America.
- Who invested in Revolut’s latest funding round? Major firms like Coatue, Fidelity, and NVIDIA’s NVentures participated.
Expert Opinion:
Revolut’s $75 billion valuation underscores the growing importance of fintech in reshaping global financial systems. Its focus on crypto and emerging markets positions it as a key player in the future of decentralized finance (DeFi).
Key Terms:
- Revolut $75 billion valuation
- Revolut Crypto 2.0 platform
- Polygon Labs crypto remittances
- MiCA license Cyprus
- Revolut global expansion plans
- Fintech investment trends
- Stablecoin swaps zero fee
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