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Revolut completes fundraising at a $115 billion valuation

The company named five investor groups in its latest transaction but did not disclose the amount raised. It reported more than 80 million retail customers and $6 billion of 2025 revenue.

Revolut said on 4 November that it had completed a fundraising process valuing the business at $115 billion. It named Glade Brook Capital Partners, Coatue, Durable Capital Partners, accounts advised by T. Rowe Price, and Baillie Gifford among the investors.[1]

The company did not disclose the amount raised. The $115 billion figure is the transaction’s valuation of the business, rather than the cash proceeds or the regulatory capital available to any individual Revolut bank.[1]

Revolut linked the transaction to its expansion into additional banking markets and said its retail customer base had passed 80 million. Those figures describe the group’s scale; product availability and the entity holding a customer’s money continue to depend on the market concerned.[1]

The financial figures behind the announcement

At a glance01

Company-reported 2025 performance

Company-reported 2025 performance
MeasureReported amountChange from 2024
Revenue$6.0 billionUp 46%
Profit before tax$2.3 billionUp 57%
Pre-tax profit marginAbout 38%Based on reported rounded figures

Profit before tax grew faster than revenue, leaving a margin of roughly 38% on the rounded figures supplied. That gives the valuation announcement a disclosed earnings context, although the release does not set out the terms needed to calculate how much new capital was issued or how any employee or existing-shareholder sales were structured.[1]

Revolut’s banking expansion increases the number of markets in which it operates through local regulated entities. The funding announcement concerns ownership and valuation at group level; country-specific banking approvals and product launches remain separate developments.[1]

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