Hey there, tech fans! Today, we’re diving into the exciting news about Revolut, the UK’s fintech star. Buckle up, because this story is quite the rollercoaster!

Revolut is eyeing a massive funding round that could boost its valuation to $65 billion. The company is in discussions to raise around $1 billion through new shares and existing ones. Interestingly, the US-based Greenoaks is leading this effort, though nothing’s set in stone yet.

Last year, Revolut’s revenue skyrocketed by 72%, hitting the $1 billion profit mark and attracting more than 50 million users. After securing banking licenses in the UK last year, it now operates across over 30 countries. Its previous valuation was $45 billion in 2024 following secondary market share sales, making it one of Europe’s top tech giants.

The company didn’t comment immediately, but these numbers suggest Revolut is definitely on the rise. The excitement continues in the fintech world as Revolut prepares for what’s next!