Revolut, the British digital bank used by more than 4.5 million Romanians, confirmed on Monday that its valuation has reached $75 billion following a secondary share sale. The investment round included participation from Nvidia through its venture arm, NVentures, according to BFM TV. This marks a significant jump from the $45 billion valuation reported in August 2024.
Globally, Revolut serves over 60 million users – a figure that has climbed to around 65 million, according to the company. In September, the fintech announced a process allowing employees to sell shares, and while the valuation became known at that time, it had not been officially validated until now.
Read also: Russian citizens in the EU must validate valid European documents to continue using Revolut services
The company stated on Monday that the transaction has been “completed” and “values the company at $75 billion,” noting Nvidia’s involvement and the intention to collaborate particularly on artificial intelligence initiatives.
Major American investment funds such as Coatue, Greenoaks, Dragoneer and Fidelity Management & Research also participated in this secondary sale.
Revolut doubled its net profit last year, reaching £790 million thanks to rapid customer growth. Founded in 2015, the company aims to expand to 100 million users across 100 countries, though its rapid rise has drawn criticism regarding compliance with financial regulation, particularly in areas related to fraud prevention and anti-money laundering.
At the end of September, Revolut announced a global investment plan worth $13 billion over the next five years. The strategy includes the creation of 10,000 new jobs worldwide. Part of this investment is the €1 billion already allocated to France, where the company has established its Western European headquarters, overseeing markets such as Spain, Italy, Germany and Ireland.
Photo: Finance Magnates
