CONNECT WITH US
Fintech

Fintech

Revolut’s Valuation Hits $115 Billion With New Funding

PYMNTS – Fintech logo

Published on

Add as a preferred source on Google
Revolut’s Valuation Hits $115 Billion With New Funding

Revolut’s valuation has climbed to $115 billion with its latest round of funding.

Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

The U.K. FinTech announced the figure Wednesday (Nov. 4), noting that it follows its recent conditional banking charter approval in the U.S. and the launches of banks in Great Britain, Mexico, Australia and New Zealand.

“Every bank we launch means more people get a better way to manage their money, wherever they live,” said Nik Storonsky, Revolut’s founder and CEO.

“Our team makes that happen, and employee ownership has been central to our culture from day one. That’s why we’ve once again given them the chance to share in the value they’ve created, as we work towards our next milestone of serving 100 million customers.”

The announcement also noted that Revolut’s expansion has been underpinned by its financial performance, with the company’s revenue for 2025 growing 46% to $6 billion, with pre-tax profit rising 57% to $2.3 billion. The company says it is targeting a long-term goal of having more than 100 million active customers across 100-plus countries.

“The milestones achieved this year have been several years in the making,” added Victor Stinga, Revolut’s chief financial officer.

“They allow us to strengthen our digital banking proposition in our core markets and pave the way for it reaching millions more customers beyond Europe.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.