About Revolut
Revolut is a financial technology company that offers banking services, money transfers, foreign exchange, and spending analytics.
Headquarters
Revolut, London
Founded
2015-01-01
Industry
Banking, Financial Services, FinTech, Mobile Payments
Last Funding Type
Secondary Market
Valuation
99
Total Funding
$1.74 billion dollars
IPO Status
Private
Financial
Revolut experienced significant financial growth, with revenues nearly doubling and record profits achieved in 2023. The company also reported a substantial increase in its customer base, adding 12 million customers and reaching 10 million UK customers. Additionally, Revolut plans to increase its headcount by 40%. The company secured a secondary share sale at a valuation of USD 45 billion.
Revolut has secured a UK banking license after a three-year wait, allowing it to expand its banking operations. The company is also planning a share sale targeting a valuation of $45 billion and has launched a new crypto trading platform, Revolut X, aimed at professional traders.
Revolut has secured a UK banking license after a three-year wait, allowing it to expand its banking operations. The company is also planning a share sale targeting a valuation of $45 billion and has launched a new crypto trading platform, Revolut X, aimed at professional traders.
Funding Rounds
20
Number of Lead Investors
13
Total Funding Amount
$1.74 billion dollars
Number of Investors
61