According to EU-Startups, Revolut just landed a staggering €65 billion ($75 billion) valuation through a secondary share sale that brought heavyweight investors Andreessen Horowitz, Franklin Templeton, and Nvidia’s NVentures into the company for the first time. The London-based fintech reported explosive 2024 financial results including €3.4 billion in revenue (up 72% year-over-year) and €1.2 billion in pre-tax profits (a 149% surge). CEO Nik Storonsky called this a milestone toward building “the first truly global bank” serving 100 million customers across 100 countries. The company now has over 65 million customers worldwide and marked its fifth employee liquidity event, allowing workers to cash out up to 20% of their holdings. This represents a massive 67% valuation jump from last year’s €39 billion and solidifies Revolut as Europe’s most valuable private tech company.
The global bank play
Here’s the thing about Revolut’s strategy: they’re not just building another fintech app. They’re methodically constructing what could become the first truly global banking platform. Look at their recent moves – final banking authorization in Mexico, a new banking license in Colombia, and an India launch on the horizon. They’re basically treating the entire world as their potential market rather than focusing regionally like most competitors.
And the numbers back up the ambition. €867 million in annualized revenue from business banking alone? That’s not just pocket change – that’s serious enterprise traction. When you combine that with their consumer banking, trading, insurance, and crypto features, you start to see why investors are throwing money at this thing. They’re building a financial ecosystem that could genuinely compete with traditional global banks.
What the investors are telling us
The investor lineup here speaks volumes. Andreessen Horowitz doesn’t just back any fintech – they’re looking for platform companies with network effects. Franklin Templeton brings traditional financial credibility. But the real eyebrow-raiser is Nvidia’s NVentures getting involved.
Why would a chip company’s venture arm invest in a fintech? It signals that Revolut’s AI ambitions are more than just marketing talk. They’re probably planning serious AI integration across their entire platform, from fraud detection to personalized financial advice. Given Nvidia’s dominance in AI hardware, this partnership could give Revolut access to cutting-edge technology that traditional banks can only dream of. It’s a smart move that positions them as a tech company that happens to do banking, rather than a bank trying to add tech.
The European fintech landscape
Now let’s put this in perspective. The article mentions other European fintech rounds in 2025 – Zilch raising €150 million, Finary getting €25 million, Teybridge Capital with €50 million. Combined, all these deals total about €261 million. Revolut’s valuation alone is roughly 250 times that amount.
That disparity tells you everything about how the market views Revolut versus other fintech players. They’re playing in a completely different league. While other companies are building nice features or serving specific niches, Revolut is building infrastructure. And when you’re building the pipes that money flows through, the valuation multiples get crazy.
The profitability question
So here’s what really matters: Revolut is actually making money now. Serious money. €1.2 billion in pre-tax profits isn’t just “profitable” – that’s wildly profitable for a company that’s still in growth mode. Remember when people questioned whether fintechs could ever become sustainably profitable? Revolut seems to have answered that question definitively.
The employee liquidity component is also smart business. Letting early employees cash out some of their stock prevents talent drain and keeps people motivated through what’s likely to be a long road to IPO. This is their fifth such event, which suggests they’ve figured out how to balance rewarding early believers with maintaining growth momentum.
Looking ahead, the company’s announcement makes it clear they’re just getting started. Thirty new markets in the pipeline and a goal of 100 million customers by 2030? That’s aggressive even by Silicon Valley standards. But with this war chest and investor backing, they’ve got the fuel to make a serious run at it.
