Revolut Targets $65 Billion Valuation in New Funding Round
European fintech giant Revolut is pursuing a massive funding round that would value the company at $65 billion, according to Financial Times reports. The UK-based neobank seeks to raise approximately $1 billion through a combination of new share issuance and existing share sales.
US investment firm Greenoaks reportedly leads the funding discussions. The proposed valuation represents a significant 44% increase from Revolut’s previous $45 billion valuation achieved just one year ago, highlighting the company’s rapid growth trajectory.
Revolut has emerged as Europe’s most valuable fintech startup, offering digital banking services including currency exchange, cryptocurrency trading, and business accounts. The company serves millions of customers across multiple markets, positioning itself as a challenger to traditional banking institutions.
The timing of this funding round reflects broader fintech market dynamics. Many digital financial services companies have experienced substantial growth following increased adoption of online banking and digital payments during recent years.
If successful, this funding round would cement Revolut’s position among the world’s most valuable private fintech companies. The substantial valuation increase within a 12-month period demonstrates investor confidence in the neobank’s business model and expansion potential.
The company has not officially confirmed the funding discussions. Revolut continues expanding its services and geographic reach while competing with established banks and emerging fintech rivals across global markets.
