technology • Dec. 6, 2025
Revolut Eyes $65 B Valuation in New Funding, a Year After $45 B Deal
Just one year after a $45 billion share sale, neobank Revolut is in early talks to raise around $1 billion at a $65 billion valuation—highlighting its explosive growth and ambitions for global expansion.
By Michael Y. Gentry
Published Dec. 6, 2025
London‑based fintech giant Revolut is reportedly in talks to raise about $1 billion , pushing its valuation to $65 billion —a substantial leap from its $45 billion valuation just 12 months ago :[oaicite:1]{index=1}. 🚀 What’s Driving the Jump? Revolut is combining newly issued shares with a partial secondary sale of existing stock, with U.S. firm Greenoaks poised to lead the round and *Mubadala* expected to participate again :[oaicite:2]{index=2}.
The mixed-valuation structure gives new investors shares at a higher price while allowing early shareholders to cash out at a lower rate. 📈 Strong Financials & Rapid Growth Revolut’s 2024 performance underpins its valuation: pre-tax profits doubled to around £1–1.1 billion, revenues surged to £3.1 billion (~$4 billion), and active users climbed past 50 million :[oaicite:3]{index=3}. In 2025, the company hit 60 million users and continued expansion into markets like the U.S., India, and the Middle East :[oaicite:4]{index=4}.
🎯 Strategic Expansion Ahead of IPO After finally securing a UK banking licence in 2024, Revolut is bolstering its presence in the U.S. and exploring new services like CFDs and telecom offerings :[oaicite:5]{index=5}. The next funding round will fuel global rollout and potentially pave the way for a public listing—likely in the U.S.—targeted for late 2025 or beyond.
💼 Leadership Incentives: A High-Stakes Gambit CEO Nik Storonsky , with a 25 % ownership stake, is poised to benefit from a Musk-style incentive plan. If Revolut’s valuation hits $150 billion, Storonsky stands to gain a multi‑billion‑dollar payout through an additional 10 % earning structure :[oaicite:6]{index=6}. ⚠️ Market Context & Investor Caution Despite investor enthusiasm, Revolut previously declined a $65 billion secondary sale earlier this year, effectively setting expectations for strategic—or higher—valuations before approving share sale events :[oaicite:7]{index=7}.
Observers caution that valuation benchmarks must align with continued profit growth and regulatory compliance as the company scales. 🌐 What This Means for Fintech Revolut’s push reflects its pivot from challenger bank to super‑app ambition—bundling banking, trading, crypto, telecom, and more. With an aggressive acquisition strategy underway, it's aiming to deepen market penetration and diversify revenue streams :[oaicite:8]{index=8}.
🧭 Bottom Line In just a year, Revolut has vaulted itself into the ultra‑unicorn stratosphere. But at $65 billion—and potentially beyond—it needs to translate hype into sustainable growth, regulatory trust, and market leadership. Its next steps will prove whether it's setting the stage for a blockbuster IPO or risking overvaluation ahead of a global debut..
