Revolut Reaches $75 Billion Valuation in World First

London-headquartered neobank Revolut hit a new milestone in November when it announced a secondary share sale that values the company at a record-breaking $75 billion, making it one of the fastest-growing fintechs in Europe. 

This remarkable growth puts the firm on par with several century-old banking institutions, such as the UK’s Barclay’s Bank or Germany’s Deutsche Bank. It also reflects a determination “to build a global financial and technology leader from Europe," according to the company’s billionaire CEO, Nikolay Storonsky. This all comes in spite of Revolut still lacking a full banking license in its home market, even though it applied several years back.

Despite the regulatory hurdles it continues to face, Revolut’s rise has been unstoppable. The company now serves over 65 million customers in Europe and beyond, with users relying on it for international money movement at highly competitive exchange rates and the ability to hold and exchange money in dozens of currencies. Like its smaller competitors, such as Monzo or Wise, Revolut’s revenue model several areas including interchange fees and trading commissions—and it continues to capture more market share from traditional banks.

Revolut’s latest valuation pushes the company ever deeper into traditional banking territory and, like several of its competitors, it has already begun offering payment cards and personal loans in certain markets. Indeed, according to CEO Nikolay Storonsky, the aim is for Revolut to become a global ‘super app’ for both personal and business finance. Back in September 2025, Storonsky even floated the idea of acquiring a US-based bank to drive expansion in North America in what would be a dramatic role reversal where a fintech buys an incumbent banking institution.

Clearly, the bar has been raised for neobanks and fintechs, with Revolut’s success demonstrating that scale and profitability are achievable, and in short order too. After all, it was only at the end of 2021 that Revolut reported its first annual profit, following a loss of £207.9 million the previous year. The fact that Revolut has demonstrated a global mindset and prioritized localization for its services also shows that the biggest opportunities in fintech often go beyond one market, even if challenging due to the need to navigate multiple regulatory regimes.

As neobanks become more like traditional banks, at least in terms of digital customer experiences and regulatory scrutiny, incumbents are partnering with fintechs to expand and modernize their services. There’s undeniably a huge opportunity for fintech startups, provided they’re ready to differentiate, such as by serving a niche that isn’t already dominated by a major player like Revolut.