Based on AiCoin, London-based fintech company Revolut has achieved a $75 billion valuation following a secondary equity sale involving major global investment firms. The deal, led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from Andreessen Horowitz, Franklin Templeton, and NVIDIA's NVentures, occurred amid strong financial performance and global expansion. Revolut reported $4 billion in 2024 revenue, a 72% year-over-year increase, and a 149% rise in pre-tax profits to $1.4 billion. The company now has over 65 million global users and has secured banking licenses in Mexico and Colombia, with plans for expansion into India and Latin America. Revolut also partnered with Polygon Labs to enable crypto remittances via the Polygon blockchain and launched its Crypto 2.0 platform, supporting over 280 tokens with zero-fee staking and free stablecoin swaps.
Revolut Valued at $75B in Secondary Equity Sale Backed by Coatue, NVIDIA, and Fidelity
AiCoinShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.