News Summary

Revolut, a prominent player in the European fintech landscape, is reportedly seeking a valuation of $65 billion in its latest funding round. The U.K.-based neobank is in discussions to raise approximately $1 billion by issuing new shares and selling existing ones, with U.S.-based Greenoaks leading the round. This move comes after Revolut achieved a 72% increase in revenue last year, reaching $1 billion in profit and expanding its customer base to over 50 million users across more than 30 countries. The company was previously valued at $45 billion in 2024, making it one of Europe’s most valuable tech companies.