Revolut’s Valuation Soars to $75bn After Fresh Share Sale, Extending Its Lead as Europe’s Top Fintech Giant

Revolut has taken another decisive step in its climb toward global financial heavyweight status. The London-based digital finance company announced on Monday that it has completed a major secondary share sale that pegs its valuation at $75 billion — a dramatic 66% rise from last year and one of the strongest signals yet that investors see the company as Europe’s most powerful fintech contender.

The sale attracted a dense cluster of blue-chip backers. Coatue, Greenoaks, Dragoneer, and Fidelity led the process, while Andreessen Horowitz, Franklin Templeton, and Nvidia’s venture capital arm also joined in. The valuation comes from private markets rather than a public listing, but it still positions Revolut above several of Europe’s largest publicly traded banks, surpassing Barclays, Société Générale, and Deutsche Bank. For a 10-year-old startup, that gulf is striking.

Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut has grown far beyond the travel-focused app it started as. It now has more than 65 million customers worldwide and produced a pretax profit of £1.1 billion ($1.44 billion) last year, rising 149% as its global footprint widened. Its valuation arc has been steep: $33 billion in 2021, $45 billion last year, and now $75 billion — recording one of the most dramatic climbs of any European tech company.

In its statement, Revolut said this marks the fifth time employees have been given the opportunity to sell portions of their shares, an option that has already minted fortunes for many early hires. Storonsky praised staff for helping the company grow well beyond expectations.

“I’d like to thank our team for their determination and energy, and for believing that it is possible to build a global financial and technology leader from Europe,” he said.

Storonsky himself relocated from London to Dubai last year as Revolut expanded management operations and sought friendlier regulatory environments for some of its ambitions.

Even with its momentum, Revolut is still locked in a lengthy process with UK regulators. The company has been trying for years to secure a full banking license in Britain, something Storonsky says remains his top priority. The long delay has attracted industry attention since Revolut’s size, speed of growth, and international customer base would make it one of the most significant entrants into Britain’s retail banking ecosystem in decades.

Analysts see clear strengths of a widely recognized brand, advanced technology, global accessibility, and an ability to scale quickly. But they also note challenges. Revolut still earns a large share of its income from cryptocurrency trading and from revenue tied to high-interest-rate conditions. Average customer deposits remain far lower than those at traditional banks, and the company acknowledges that too few users treat it as their primary account, limiting Revolut’s capacity to compete directly with legacy lenders on core financial relationships.

But Revolut is attempting to change that. The company is pushing into credit products, planning to expand into consumer loans, mortgages, and later, business lending. It is also exploring the possibility of acquiring a U.S. bank as part of a deeper expansion into the American financial market — a move that would give it the regulatory footing needed to go head-to-head with established institutions.

For now, the new $75 billion valuation signals that investors believe Revolut is entering a new phase. It no longer resembles an upstart challenger trying to wrestle market share from incumbent banks; instead, it looks increasingly like a technology-driven financial institution preparing for a fight on equal footing.

With customers, revenue, and investor confidence still climbing, Revolut’s trajectory suggests that the company sees itself as a future global bank — one built from code rather than branches.