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128 new news items in the last 24 hours
  1. Home
  2. Economy
48 minutes ago

Revolut completes a new funding round and reaches a valuation of $115 billion

Medeea Stănescu
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4 November 2026, 07:12
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Economy
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Revolut has completed its latest funding round, a transaction that sets a new valuation for the company of $115 billion. The operation was led by Coatue, Glade Brook, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford.

The new valuation comes as the company accelerates its international expansion and reports strong financial results. Since the beginning of 2026, Revolut has launched banking operations in the United Kingdom, Mexico, Australia and New Zealand. During the same period, the company obtained banking licenses in France, Colombia and Argentina and received conditional approval from the OCC for a banking license in the United States.

These developments complement Revolut’s banking operations in 30 markets across the European Economic Area. In 2025, the company’s revenue rose 46% to $6 billion, equivalent to £4.5 billion. Profit before tax increased 57% to $2.3 billion, while the pre-tax margin reached 38%.

Revolut launched in the United Kingdom in 2015, initially offering money transfer and foreign exchange services. Revolut Bank UAB is a licensed European bank established in Lithuania and authorized and regulated by the Bank of Lithuania and the European Central Bank.

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Economedia
Revolut finalizează o nouă rundă de finanțare, la o evaluare de 115 miliarde de dolari
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Economica
Revolut ajunge la o evaluare de 115 miliarde de dolari, cu 53% peste nivelul din urmă cu un an. A deschis o nouă bancă în Noua Zeenlandă

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Revolut transmitted sensitive data to an unauthorized third party following fraudulent requests attributed to a government agency
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Hackers who stole the data of 680 European Revolut customers are demanding $3 million
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Revolut users are unable to log into the app, and the company confirms access problems
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Revolut went down in Romania and other countries / Users cannot access the app or make payments
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Revolut claims that customers’ money and data are safe following reported problems accessing the app
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Revolut transmitted the data of 680 customers to hackers / Scammers used the address of the Prefecture of Reggio Calabria to obtain customers’ data
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foreign exchange Revolut United Kingdom European Central Bank money transfer

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