Revolut is seeking a $65 billion valuation in a new funding round, up from the $45 billion mark at which existing shareholders sold their stakes last year. In its most recent venture funding round in 2021, the company was valued at $33 billion.
Road to $150 Billion Valuation
As reported by the Financial Times, the British fintech is in discussions to raise about $1 billion through newly issued shares and sales of some existing holdings.
The US investment firm Greenoaks is reportedly leading the round, while Mubadala, the Abu Dhabi sovereign wealth fund, is also expected to take part. Revolut has not officially confirmed the funding details.
The talks come amid reports that Revolut CEO Nik Storonsky could receive a multibillion-dollar payout if the company reaches a $150 billion valuation.
Storonsky’s compensation package has drawn comparisons to Elon Musk’s deal with Tesla, which later faced criticism and legal scrutiny.
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A Large User Base to Support CFDs
Founded in 2015, Revolut has become one of Europe’s highest-valued fintech startups. It has raised funds from several major investors, including Mubadala, which bought shares during last year’s secondary sale. Meanwhile, Balderton Capital is expected to sell its stake in the upcoming round.
Revolut operates primarily through its mobile app and reported a pre-tax profit of $1.4 billion in 2024 on revenue of $4 billion. Its wealth division recorded the fastest growth, with revenue tripling to $647 million—mainly driven by crypto trading.
Revolut supports 100+ crypto coins, and now $PENGU is one of them.You’ll find people who use Revolut when they go abroad, or as their everyday banking app.It’s a crypto-friendly banking solution that allows you to buy and sell on the spot.(2/4) pic.twitter.com/Rp7RzemAKV
— Shiv (@shivst3r) July 1, 2025
The company’s global customer base has now passed 52 million. “We’re making strong progress towards 100 million daily active customers across 100 countries,” Storonsky said previously.
Revolut entered the contracts for differences (CFDs) market last year, launching the service in three European countries. Although it planned to expand to more markets, those efforts have faced some delays.
Read more: CMC Connect Breaks Down CFDs Deal with Revolut
Retail CFD trading is a popular activity in certain markets and may present an additional revenue stream for Revolut. With its large user base, the company already has an audience for these products.
It now remains to be seen whether the push for a higher valuation will speed up the expansion of Revolut’s CFDs offerings.
Although Revolut operates across the European Union under a Lithuanian banking licence, it only received a UK licence last year and has yet to launch services under it. The company has also applied for a banking licence in New Zealand.
This article was written by Arnab Shome at www.financemagnates.com.
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