Revolut Revenue, Valuation, Funding & Investors
Revolut is valued at $115B as of July 2026, a 19.2x multiple on its last reported $6B revenue.
Last Revolut valuation
$115B
Secondary · Jul 2026
Last Revolut funding round
$800M
Series E · Jul 2021
Revolut revenue
$6B
Secondary · Jul 2026
Key investors in Revolut
Index Ventures
Balderton Capital
Ribbit Capital
Seedcamp
Tiger Global
Coatue
About Revolut
Revolut is a London-headquartered digital banking platform serving over 40 million customers across Europe, the United States, and Asia. It provides mobile app-based services including multi-currency accounts, debit cards, international transfers, cryptocurrency exchange, commission-free stock and commodities trading, and insurance products. Founded in 2015, Revolut holds banking licenses in Lithuania and the UK.
Founded
2015
HQ
LondonWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Revenue
$6B (Jul 2026)
Valuation
$115B (Jul 2026)
Sectors
Revolut Valuation
Revolut is currently valued at $115B, based on its secondary sale in July 2026.
Revolut's valuation has grown 2,054x from $56M at its Series A in July 2016 to $115B in July 2026, across 9 priced rounds.
Revolut valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2026 | Secondary | $115B | 19.2x |
| Nov 2025 | Secondary | $75B | 18.8x |
| Aug 2024 | Secondary | $45B | 18.8x |
| Jul 2021 | Series E | $33B | 95.4x |
| Jul 2020 | Series D | $5.5B | - |
| Feb 2020 | Series D | $5.5B | - |
| Apr 2018 | Series C | $1.7B | - |
| Jul 2017 | Series B | $350M | - |
| Jul 2016 | Series A | $56M | - |
Revolut Revenue
Revolut's latest recorded revenue is $6B, as of its secondary sale in July 2026. At a $115B valuation, that implies a 19.2x revenue multiple.
Revenue grew from $346M in July 2021 to $6B in July 2026, while the revenue multiple moved from 95.4x to 19.2x.
Revolut revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2026 | $6B | $115B | 19.2x | Secondary |
| Nov 2025 | $4B | $75B | 18.8x | Secondary |
| Aug 2024 | $2.4B | $45B | 18.8x | Secondary |
| Apr 2024 | $2.4B | - | - | Secondary |
| Aug 2021 | $346M | - | - | Secondary |
| Jul 2021 | $346M | $33B | 95.4x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Revolut Funding History
Revolut has raised a total of $1.7B across 8 funding rounds, plus 5 secondary share sales.
Revolut's first fundraising round was a $2M seed round in July 2015. The most recent completed round was a $800M Series E in July 2021.
Revolut funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2026 | Secondary | - | - | $115B | Revolut launched a secondary share sale valuing the company at $115 billion. The sale, priced at $2,017 per share, represents a 53% increase from the previous $75 billion valuation in late 2025. It provides liquidity to employees without a public IPO. A secondary sale allows current staff and early investors to cash in their equity without waiting for the company to go public. |
| Nov 2025 | Secondary | Coatue (lead); Dragoneer (lead); Fidelity (lead); Greenoaks (lead); NVentures; T. Rowe Price; Andreessen Horowitz; Franklin Templeton | - | $75B | Revolut, a global fintech providing multi-currency accounts, payments, crypto, insurance, and business banking, completed a secondary share sale on 24 November 2025 valuing the company at $75 billion. The transaction, led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, included participation from Andreessen Horowitz, NVentures (NVIDIA’s venture arm), T. Rowe Price Associates, and Franklin Templeton. It provided liquidity to employees through Revolut’s active share program, marking the fifth such sale. The $75 billion valuation reflects strong 2024 financials, with revenue increasing 72% to $4.0 billion and profit before tax rising 149% to $1.4 billion. Growth continued into 2025, with over 65 million global retail customers and Revolut Business reaching $1 billion in annualized revenue. The company secured banking authorization in Mexico, a banking incorporation license in Colombia, and prepared for India launch, advancing its goal of a global bank serving 100 million customers in 100 countries. Previously valued at $45 billion in 2024 and $48 billion post-money in August 2025, Revolut has raised $2.89 billion in venture capital overall. Operating in 39 countries, it positions itself as a financial super-app with ambitions for 100 million customers by mid-2027 and 30+ new markets by 2030. |
| Aug 2024 | Secondary | Coatue (lead); D1 Capital Partners (lead); Tiger Global (lead); Baillie Gifford | $500M | $45B | Baillie Gifford bought into Revolut for the first time through the secondary share sale that the company announced on 16 August 2024 at a USD 45 billion valuation. The transaction allowed current and former employees to sell shares to investors rather than raising new money for the company; Coatue, D1 Capital Partners and existing shareholder Tiger Global led the purchase, with Morgan Stanley acting as placement agent. Baillie Gifford's entry is recorded in Scottish Mortgage Investment Trust's annual report, which lists Revolut as a new private-company holding bought in the year to 31 March 2025. The price implied a substantial step up from the USD 33 billion valuation set in Revolut's 2021 Series E and followed the company's receipt of a restricted UK banking licence in July 2024. Revolut was founded in 2015 in London by Nikolay Storonsky and Vlad Yatsenko and runs a mobile app offering current accounts, currency exchange, international transfers, cards, savings, credit and stock and crypto trading, together with business accounts. It reported more than 45 million retail customers at the time and earns revenue from interchange and foreign-exchange fees, paid subscription tiers, interest income and trading commissions. |
| Apr 2024 | Secondary | Launchbay Capital | - | - | Launchbay Capital, a fund focused on venture secondaries, bought Revolut shares in a secondary transaction in April 2024. Terms were not disclosed. Revolut, the London-based digital bank, had reported 2023 revenue of £1.8 billion and a record pre-tax profit of £438 million, and later in the year ran an employee share sale at a $45 billion valuation. |
| Aug 2021 | Secondary | Manhattan Venture Partners (MVP) (lead); Da Vinci Capital; Stableton Financial; Blue Gentian Capital; Red Lions Capital | $6M | - | - |
| Jul 2021 | Series E | SoftBank Vision Fund (lead); Tiger Global (lead); Alanda Capital Management; KAAN Ventures; Sprints Capital; Pario Ventures; Schroders Capital Global; Target Global; Manhattan Venture Partners (MVP) | $800M | $33B | Revolut is a London-based financial services superapp offering banking, investing, currency transfer, and money management services to approximately 16 million users globally. The company operates across Europe, Japan, India, Australia, Singapore, and is expanding into the US market. In July 2021, Revolut raised $800 million in Series E funding led by SoftBank Vision Fund 2 and Tiger Global, valuing the company at $33 billion and making it the UK's most valuable private fintech company. The round represented a sixfold increase from the company's $5.5 billion valuation in 2020 (Series D round). Revolut planned to use the capital for product innovation, US expansion, and entry into the Indian market, building toward its vision of a global financial superapp. |
| Jul 2020 | Series D | TSG Consumer Partners (lead); Alecla7 | $80M | $5.5B | Revolut, a London-headquartered global financial super app offering digital banking, money transfers, budgeting tools, stock trading, cryptocurrency trading, insurance, and cashback rewards, closed its Series D funding round on July 24, 2020, with an $80 million extension from TSG Consumer Partners, bringing the total to $580 million at a $5.5 billion valuation unchanged from the initial $500 million tranche led by TCV in February. The extension featured TSG as the sole new investor, a San Francisco-based private equity firm experienced in scaling consumer brands. Funds were allocated to accelerate European banking operations rollout, launch US products including cryptocurrencies, enhance the Rewards program with personalized discounts, and support customer acquisition and digital marketing efforts amid rapid expansion to 12 million users across 23 offices with 2,000 employees, having processed over 1 billion transactions worth more than $100 billion since inception. This follow-on built on Revolut's momentum as one of the largest fintech communities, positioning it to bridge physical and online transactions globally with features like debit cards and new market entries such as the US crypto launch just prior. CEO Nik Storonsky noted the opportunistic addition of TSG's expertise, despite not seeking capital, to fuel platform adoption. TSG's Beth Pickens highlighted Revolut's comprehensive tech stack spanning geographies, products, and digital assets as a key opportunity for value-add in marketing. At the time, Revolut reported nearing profitability by year-end per Financial Times comments during the raise. The company had raised over $900 million cumulatively, underscoring its status in the crowded fintech space with expansions into new European markets and banking license applications planned later. |
| Feb 2020 | Series D | TCV (lead); Genferberg Capital; Ribbit Capital; London Impact Ventures; Lakestar; GP Bullhound; DST Global; Bond | $500M | $5.5B | Revolut, a London-based fintech providing a global financial platform app for managing daily finances including banking, payments, and more, raised $500 million in a Series D funding round in February 2020, led by TCV with participation from existing investors including DST Global and others. The round valued the company at a post-money valuation of $5.5 billion, bringing total funding raised to $836 million and positioning Revolut as one of Europe's most valuable fintech startups at the time, surpassing its prior $1.7 billion valuation. The funding came amid strong growth metrics: in 2019, customer base grew 169%, daily active customers increased 380%, and financial revenues for 2018 rose 354%, though exact revenue figures were not disclosed using standard terms like revenue or ARR. Premium and Metal subscription accounts, key revenue streams, grew 154% in the prior year. Revolut had over 10 million customers worldwide, operating in the UK, Europe, Singapore, and Australia (beta), with plans for US and Japan launches. Proceeds were earmarked for accelerating product development in existing markets, rolling out full banking operations across Europe, boosting daily user engagement to make Revolut the primary daily account, and pursuing profitability. The company employed around 2,000 people and aimed to reach 100 million customers in five years. CEO Nik Storonsky highlighted investor confidence in the business model and TCV's track record with industry disruptors. This round solidified Revolut's competition with traditional banks and peers like Klarna in the hot European fintech sector. |
| Apr 2018 | Series C | DST Global (lead); Index Ventures; FJ Labs; Sprints Capital; Pario Ventures; Socii Capital; Seek Ventures; Global Founders Capital; Ribbit Capital; Molten Ventures; Lakestar; Greyhound Capital | $250M | $1.7B | Revolut, a London-based digital banking alternative launched in 2015, raised $250 million in its Series C funding round in April 2018, achieving a post-money valuation of $1.7 billion and unicorn status as one of Europe's fastest-growing tech companies. The round was led by DST Global, with participation from existing investors Index Ventures and Ribbit Capital, alongside others, bringing total funding to $340 million. This marked a five-fold valuation increase in under a year from its prior $340 million pre-money valuation on a smaller round. The capital was earmarked for global expansion beyond Europe, targeting launches in the US, Canada, Singapore, Hong Kong, and Australia in 2018, alongside workforce growth from 350 to 800 employees focused on engineering and design. Revolut reported strong traction with nearly 2 million customers, daily sign-ups of 6,000-8,000, and monthly processing volume of $1.8 billion, aiming for 100 million users in five years. The platform offered borderless accounts, fee-free foreign exchange, and add-ons like travel insurance, phone insurance, credit, savings, and cryptocurrency trading. Founded by Nikolay Storonsky, Revolut positioned itself against traditional banks by prioritizing user-centric technology, direct customer communication, and innovation in financial services complexity and cost. DST Global's involvement highlighted investor confidence in its disruption potential. Prior funding included a $66 million round from Index Ventures, Balderton Capital, and Ribbit Capital, plus a £3.9 million crowdfunding at $275 million pre-money. |
| Jul 2017 | Series B | Index Ventures (lead); Alexandro Sances; Balderton Capital; RML Capital; Matteo Gamba; Ricardo Schaefer; Ribbit Capital; SYSTEMA; Playfair Capital; Bill Carr; Venkat Srinivasan; Seedrs; Greyhound Capital | $71M | $350M | Revolut raised $66 million in a Series B round in July 2017, led by Index Ventures with participation from Balderton Capital and Ribbit Capital, at a £275.9 million pre-money valuation reported as around $350 million. A further £3.8 million (about $4.9 million) came in August 2017 from around 4,260 investors through an equity crowdfunding campaign on Seedrs on the same terms, priced at £8.57 per share; demand from some 40,000 customers filled the allocation within a day. At the time Revolut had around 750,000 customers and offered a mobile current account with fee-free currency exchange, premium subscriptions and business accounts. The money funded expansion into Asia and North America and new products such as cryptocurrency trading, which launched in December 2017. Revenue for 2017 rose to £12.8 million from £2.4 million in 2016, with a loss of £14.8 million as the company invested in growth. |
| Jul 2016 | Series A | Balderton Capital (lead); Marco Valta; Index Ventures; Andrew Nutter; Crowdcube; Point Nine; Seedcamp; Ribbit Capital; Venrex; Christopher Zemina; Akin Soysal | $10M | $56M | Revolut raised £7.76 million (about $10.2 million) in its Series A in July 2016 at a £42 million post-money valuation. Balderton Capital led the £6.75 million institutional tranche, with Index Ventures, Ribbit Capital, Point Nine, Seedcamp and Venrex participating. A further £1.01 million came from more than 400 investors through an equity crowdfunding campaign on Crowdcube on the same terms. Revolut, a London-based fintech, offered a prepaid card and app that let users hold money in multiple currencies and spend in more than 90 currencies at interbank rates without fees. |
| Feb 2016 | Seed | Index Ventures (lead); Loric Ventures; Balderton Capital; Point Nine; Seedcamp; Venrex | $5M | - | Revolut closed a £3.2 million (about $4.8 million) seed round in February 2016. Index Ventures joined as a new investor with £1 million, alongside existing backers Balderton Capital, Seedcamp, Point Nine, Venrex and a group of angels. Revolut, founded in London in 2015 by Nikolay Storonsky and Vlad Yatsenko, offered a prepaid card and app that let users spend abroad at interbank exchange rates without fees. The company used the money to grow its team and add features ahead of a larger Series A round later in the year. |
| Jul 2015 | Seed | Balderton Capital (lead); Giano Capital; AMK Investment Office; Seedcamp | $2M | - | Revolut raised £1.5 million (about $2.3 million) in a seed round in July 2015, led by Balderton Capital with participation from Seedcamp and angel investors. The round came weeks after the company launched its app and prepaid card, which let users hold and spend money in multiple currencies at interbank rates. Revolut had joined the Seedcamp accelerator earlier in 2015 and was founded in London by Nikolay Storonsky and Vlad Yatsenko. |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small}
Who has invested in Revolut?
62 investors have backed Revolut across its funding rounds, including Index Ventures, Balderton Capital, Ribbit Capital, Seedcamp, Tiger Global and Coatue.
Lead investors include Coatue, Dragoneer, Fidelity, Greenoaks, D1 Capital Partners and 8 other investors.
Revolut Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| London | 4 | Lead | Feb 2016 | |
| London | 4 | Lead | Jul 2015 | |
 San Francisco, CA | 4 | Participant | Jul 2016 | |
| London | 3 | Participant | Jul 2015 | |
| London | 2 | Participant | Apr 2018 | |
| London | 2 | Participant | Apr 2018 | |
 Berlin | 2 | Participant | Feb 2016 | |
| London | 2 | Participant | Feb 2016 | |
| New York City, NY | 2 | Lead | Jul 2021 | |
| New York City, NY | 2 | Lead | Jul 2021 | |
 Zurich | 2 | Participant | Apr 2018 | |
| New York City, NY | 2 | Lead | Aug 2024 | |
 George Town | 2 | Lead | Apr 2018 | |
This data is available for Pro users. Sign up to see all 62 Revolut investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Revolut
Revolut has acquired 3 companies to date.
Last acquisition by Revolut was on October 14th 2025. Revolut acquired Swifty for undisclosed valuation.
Latest Acquisitions by Revolut
| Description | Swifty is an AI-powered travel booking agent completing itineraries in two minutes via conversational interfaces. It processes queries through messengers, email, or voice for flights, hotels, and car rentals from airlines and OTAs. The agent scrapes metasearch data from Kayak and Skyscanner to generate options with price comparisons. Deployments unlock WhatsApp, Telegram, and Alexa as direct booking channels. | Banco Cetelem is a Buenos Aires-based consumer finance provider in Argentina, part of the BNP Paribas Personal Finance group. It specializes in personal loans, vehicle financing, credit cards, and revolving credit lines for purchases. The bank offers online application processes and partnerships with retailers for point-of-sale financing. Established through BNP Paribas expansion in Latin America, it emphasizes flexible repayment terms and digital account management. | Nobly POS is a cloud-based point-of-sale system built for iPad devices in retail and hospitality settings. It manages sales transactions, inventory tracking, customer relationships, and restaurant table reservations. The platform processes payments offline and synchronizes data upon reconnection to the internet. London-headquartered since its 2013 launch, Nobly POS extends to markets in Europe, North America, and Asia-Pacific with integrations for delivery services like Deliveroo and Uber Eats. |
| HQ Country | |  | |
| HQ City | Berlin | Vicente López | London |
| Deal Date | 14 Oct 2025 | 26 Jun 2025 | 25 Nov 2021 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Revolut acquisitions and their M&A valuation multiples. Start Free Trial | |||
Revolut Competitors
Revolut competitors include listed companies like Nubank, SoFi, Kaspi.kz and Jio Financial Services, and private ones like Trade Republic and Black Banx.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Brazil | Publicly listed | $11B | - | $67B | 3.2x | |
| United States | Publicly listed | $3.6B | $1.1B | $22B | 4.8x | |
 Kazakhstan | Publicly listed | $9B | $3.2B | $18B | 2.0x | |
 India | Publicly listed | $332M | $272M | $16B | 38.1x | |
| Berlin | Private | $370M | $40M | $14B | 38.9x | |
 Toronto | Private | - | - | $10B | - |
Revolut Public Comps
Revolut is still privately-owned, but its public comps include Nubank, SoFi, Kaspi.kz, Jio Financial Services, Enpara Bank, PayPay, Paytm and Chime.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $11B | - | 6.3x | 3.2x | - | - | |||
| $3.6B | $1.1B | 6.0x | 4.8x | 20.5x | 14.8x | |||
| $9B | $3.2B | 2.0x | 2.0x | 5.9x | 5.3x | |||
| $332M | $272M | 47.6x | 38.1x | 58.1x | - | |||
| - | - | - | - | - | - | |||
| $2.4B | $746M | 5.1x | 4.4x | 16.3x | 14.6x | |||
This data is available for Pro users. Sign up to see all Revolut competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Revolut
| When was Revolut founded? | Revolut was founded in 2015. |
| Where is Revolut headquartered? | Revolut is headquartered in London, United Kingdom. |
| Is Revolut publicly listed? | No, Revolut is a private, VC-backed company. |
| What is Revolut's valuation? | Revolut was last valued at $115B in its secondary sale in July 2026. |
| How much funding has Revolut raised? | Revolut has raised $1.7B across 8 funding rounds. |
| What was Revolut's last funding round? | Revolut's last funding round was a $800M Series E in July 2021, led by SoftBank Vision Fund and Tiger Global. |
| Who are Revolut's investors? | Revolut's investors include Index Ventures, Balderton Capital, Ribbit Capital, Seedcamp, Sprints Capital, Pario Ventures, Point Nine, Venrex, Tiger Global, Manhattan Venture Partners (MVP) and 52 others. |
| What is Revolut's revenue? | Revolut's latest recorded revenue is $6B (July 2026). |
| What is Revolut's revenue multiple? | Revolut's latest valuation implies a 19.2x revenue multiple ($115B valuation on $6B of revenue). |
| Which companies are comparable to Revolut? | Companies comparable to Revolut include Nubank, SoFi, Kaspi.kz, Jio Financial Services, Trade Republic and Black Banx. |
| How many companies has Revolut acquired? | Revolut has acquired 3 companies, including Swifty, Banco Cetelem and Nobly POS. |
See companies similar to Revolut
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.