Revolut has completed a secondary share sale that values the London-based fintech at $75 billion, representing a 67% jump from its $45 billion valuation just 12 months ago and cementing its position as Europe's most valuable private company.
The November 24 transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from Andreessen Horowitz, Franklin Templeton, T. Rowe Price Associates, and NVentures - the venture capital arm of chip giant NVIDIA. The deal allowed current employees to sell shares in what marks the fifth liquidity event Revolut has provided to staff since its founding.
The valuation surge coincides with aggressive expansion of Revolut's cryptocurrency offerings, including a Polygon Labs partnership that has already processed more than $690 million in blockchain-based transactions and a regulatory license enabling crypto services across 30 European countries. The company's wealth division, which includes digital assets, saw revenue surge nearly 300% year-over-year.
Record Financial Performance Fuels Investor Appetite
Revolut's escalating valuation reflects exceptional financial momentum. The company generated $4 billion in revenue during 2024, a 72% increase from the previous year, while pre-tax profit jumped 149% to $1.4 billion. Revolut Business, the company's corporate services arm, now produces $1 billion in annualized revenue on its own.
The fintech has expanded its customer base beyond 65 million users worldwide, with approximately 14 million actively trading cryptocurrencies on the platform. This represents 22% of Revolut's total user base engaging with digital assets.
"This milestone reflects the remarkable progress we have made in the last twelve months towards our vision of building the first truly global bank, serving 100 million customers across 100 countries," said Nik Storonsky, Revolut's CEO and co-founder, in a statement.
The company's Chief Financial Officer Victor Stinga added that "the level of investor interest and our new valuation reflect the strength of our business model, which is delivering both rapid growth and strong profitability."
NVIDIA Partnership Hints at AI-Powered Financial Services
The inclusion of NVentures as an investor carries strategic significance beyond capital. The investment deepens Revolut's collaboration with NVIDIA in artificial intelligence applications, according to the company's announcement.
NVIDIA's market capitalization has exceeded $3 trillion in 2025 as demand for AI chips powering large language models and machine learning systems continues accelerating. The chipmaker's investment in Revolut suggests the fintech is positioning AI capabilities as core infrastructure for future product development.
Revolut has previewed plans for AI-powered features in its 2025 roadmap, including an artificial intelligence assistant designed to help customers make financial decisions. The NVIDIA backing could accelerate development of machine learning models for fraud detection, personalized financial advice, and automated customer service.
Polygon Integration Processes $690M in Blockchain Transactions
Revolut's most visible crypto expansion came through its November partnership with Polygon Labs, which enables UK and European Economic Area customers to send cryptocurrency remittances using USDC, USDT, and POL tokens via the Polygon blockchain.
The integration has demonstrated immediate traction. By mid-November, Revolut users had processed over $690 million in transaction volume across the Polygon network, with the blockchain handling 153 million stablecoin transactions during the preceding month alone. Polygon hosts approximately $3.6 billion in total stablecoin supply.
"This integration with Revolut represents exactly the kind of real-world utility for everyday people we've been building toward," said Marc Boiron, CEO of Polygon Labs. "By making blockchain payments invisible to the end user, integrated with everyday traditional payment experiences, and delivering superior speed and cost efficiency, we're seeing the future of finance unfold."
The partnership leverages Polygon's cost efficiency - average transaction fees of fractions of a cent - to enable near-instant international transfers. Revolut does not charge transfer fees on Polygon-based remittances, though users pay standard blockchain network gas fees.
Users can also stake POL tokens directly through the Revolut app, earning up to 4% annual yield, while Revolut Ramp provides direct fiat-to-wallet onboarding for the Polygon ecosystem. The integration includes support for Revolut's crypto-enabled Visa and Mastercard cards.
MiCA License Unlocks Pan-European Crypto Distribution
A critical regulatory milestone came in October when Revolut secured a Markets in Crypto Assets license from the Cyprus Securities and Exchange Commission. The authorization enables Revolut to offer crypto services across all 30 EEA countries under Europe's unified digital asset regulatory framework.
"Securing the licence reflects CySEC's trust in our regulatory standards," said Costas Michael, CEO of Revolut Digital Assets Europe. "MiCA gives us the clarity to deliver trusted, next-generation crypto products for Europe's growing digital finance community."
The MiCA framework, which became fully applicable in December 2024, establishes transparency requirements, custody safeguards, and consumer protection standards for crypto service providers. Revolut positions among the first major fintechs operating fully under the unified European crypto rulebook.
Cyprus now serves as Revolut's central hub for EEA crypto operations through its entity Revolut Digital Assets Europe Ltd, which appears on CySEC's crypto asset service provider register. The licensing structure provides regulatory clarity as Revolut scales crypto offerings across the continent.
Crypto 2.0 Platform Triples Token Selection
Coinciding with MiCA approval, Revolut launched its Crypto 2.0 platform with dramatically expanded capabilities. The platform now supports more than 280 tokens, nearly tripling the roughly 100 previously available through the Revolut app.
Crypto 2.0 introduces zero-fee staking with rewards reaching up to 22% annual percentage yield on select tokens. The platform also enables 1:1 stablecoin-to-USD conversions without spreads, eliminating a common friction point for users moving between crypto and fiat currencies.
The expanded offering integrates with Revolut X, the dedicated crypto exchange the company launched in 2024 for experienced traders. Revolut X charges trading fees between 0.00% and 0.09%, positioning at the low end of industry pricing. The exchange initially launched on desktop before expanding to mobile apps through Apple's App Store and Google Play.
The combined crypto infrastructure positions Revolut to compete directly with specialized platforms like Coinbase and Binance for European market share, while leveraging its broader financial services ecosystem as a competitive advantage.
Global Banking Licenses Support Geographic Expansion
Revolut's valuation milestone reflects momentum beyond cryptocurrency. The company secured banking authorizations in Mexico and Colombia during 2025, with launches in both markets imminent. Revolut is also preparing to enter India and additional Latin American countries.
The India expansion carries particular strategic importance. In April 2025, India's Reserve Bank granted Revolut authorization to issue domestic prepaid cards and wallets integrated with the Unified Payments Interface, clearing regulatory hurdles for a full-scale launch in one of Asia's fastest-growing fintech markets.
These banking licenses enable Revolut to offer comprehensive financial services - including checking and savings accounts, loans, and investment products - rather than operating purely as a payments and money transfer app. The geographic expansion supports Storonsky's ambition of building "the first truly global bank" serving 100 million customers across 100 countries.
Additional 2025 initiatives include Portuguese IBAN launches affecting 2 million customers, AI-powered financial assistance tools, and expanded mortgage offerings in Lithuania, Ireland, and France.
Final thoughts
Revolut's dual achievement - record valuation alongside crypto expansion - exemplifies accelerating convergence between traditional financial services and digital assets. The company joins Stripe, which processes majority stablecoin volume on Polygon, and Mastercard, which recently launched verified username services using Polygon infrastructure, in integrating blockchain rails into mainstream finance.
The $75 billion valuation significantly exceeds that of pure-play crypto exchanges despite Revolut's diversified business model. Coinbase, the largest U.S. cryptocurrency exchange, trades around $60 billion market capitalization, while Kraken recently raised funds at a $20 billion valuation.
The premium suggests investors value Revolut's ability to distribute crypto services through an established platform serving mainstream consumers, rather than requiring users to navigate specialized crypto venues. The company's 65 million users provide immediate distribution advantages for introducing digital asset functionality to customers who may never have considered opening a Coinbase or Kraken account.
As regulatory frameworks like MiCA establish clearer guidelines for institutional crypto participation, Revolut's integrated approach - combining traditional banking, payments, investments, and digital assets in a single platform - may prove more appealing to mainstream users than standalone crypto services. The backing from technology giants like NVIDIA and established financial firms like Fidelity signals institutional confidence in that convergence thesis.