Revolut plans to raise up to $1 billion for global expansion
Date: 2025-07-14 Author: Henry Casey Categories: BUSINESS
According to the FT, Revolut is in talks with investors to raise about $1 billion with a total business valuation of $65 billion. It is planned to place new shares and partially sell the shares of current investors. The process will be led by the American fund Greenoaks, and the participation of the Mubadala fund from Abu Dhabi is also being discussed. It is known that Mubadala already invested in the company in 2023, when its value was $45 billion.
Sources note that the valuation of $65 billion will not be uniform - fresh investments will come at a higher price, while the packages of old shareholders can be sold at a discount. Revolut will use the new funds for development abroad. Particular emphasis is placed on the US market: here the company expects to increase its audience by offering a simple interface and a wide range of digital financial services.
Last year, Revolut received a banking license in the UK after a lengthy approval process. This move significantly increased investor confidence and opened up new opportunities to enter regulated markets, including the United States. However, the company has not yet received a full license to provide credit services in the UK.
Revolut's financial performance continues to grow at an impressive pace. In 2024, pre-tax profit was about £1 billion, more than double the result of the previous year. The main contribution to growth was provided by cryptocurrency operations. Revenue increased from £1.8 billion to £3.1 billion. The user base reached 50 million customers worldwide.
However, analysts highlight the problem of the low share of customers who use Revolut accounts as their primary ones. This reduces the size of deposits and limits income from fees. The company itself believes that the "primary account" indicator does not reflect the real value of their offer and is not a priority criterion for success.
It has recently become known that Revolut is also discussing the launch of its own stablecoin - this step may be a reaction to new legislative changes in the United States. In addition, the company is actively investing in development in the European market: for example, the company plans to invest $ 1.2 billion in France and open a head office in Paris. Thus, the new round of investments may become a key stage for Revolut in implementing ambitious plans to become a global leader in digital financial services.
