Revolut is set to receive one billion from investors – reports the Financial Times

According to media reports, the new financing is expected to increase Revolut's company valuation to €55 billion. Revolut has not yet confirmed this.

According to the Financial Times (FT), Revolut is in talks to raise an equivalent of €850 million ($1 billion) to fund the company's global expansion.

The financing round would bring the London-based fintech's valuation to 55 billion euros (65 billion dollars), the report says. That's 20 billion more than a year ago .

In June, the FT reported that Revolut CEO Nik Storonsky could earn billions if he increases the company's value to $150 billion—made possible by a Musk-like bonus deal. This funding round could bring him a step closer to that earnout.

In addition to the sale of new shares, existing shares could also change hands. According to insiders spoken to by the FT, US investor Balderton is on the list of potential sellers and could sell part of its stake in Revolut.

US investment firm Greenoaks is expected to lead the new financing round. Abu Dhabi sovereign wealth fund Mubadala, which has been invested since 2024, also plans to increase its stake, according to the FT.

Neither Revolut nor the potential investors responded to a request from the Financial Times regarding the possible financing round.

Revolut surprises with impressive figures in April: According to the annual report, Revolut generated revenue of 3.7 billion euros in 2024, which is 72 percent more than in the previous year.

Profit before taxes increased by 158 percent to 1.3 billion euros. The digital bank's profit after taxes was 934 million euros.

The revenue growth was largely driven by income from the investment and asset business, which rose by 289 percent to almost 600 million euros.

Despite impressive user numbers and product innovations , neobanks like Revolut continue to struggle with a well-known problem : they are usually not the account for salary payments – an important factor for customer loyalty and monetization.

Many people use Revolut and other neobanks primarily as a second account or for specific use cases.