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- 📝 Revolut valued at $45B
📝 Revolut valued at $45B
Liam Gill
August 19, 2024
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News of the Day
Revolut, the U.K.-based neobank, has secured a new valuation of $45 billion through a secondary market share sale, making it one of Europe’s most valuable private tech companies. This milestone comes shortly after Revolut obtained banking licenses in both the U.K. and Mexico, further solidifying its position in the global fintech landscape. Since its founding in 2015, Revolut has rapidly expanded its offerings and geographical reach, now serving 45 million customers across multiple markets. The recent valuation surge, led by investors such as Coatue, Tiger Global, and D1 Capital Partners, reflects the company's record profits and strong user growth. As Revolut continues its upward trajectory, attention is turning to its potential IPO, with speculation about a U.S. listing, though the U.K. government is keen on keeping the company closer to home.
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