📝 Revolut Raising at $65B Valuation

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Revolut is reportedly seeking a $65 billion valuation in a new funding round, up from $45 billion last year, according to the Financial Times. The U.K.-based neobank is in talks to raise around $1 billion through a mix of new shares and secondary sales, with U.S. investor Greenoaks said to be leading the round. The push follows a banner year for Revolut, which posted $1 billion in profit and saw revenues jump 72%. With over 50 million users and banking licenses in the U.K. and more than 30 countries, Revolut is positioning itself as one of Europe’s most valuable fintech firms.

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