UK fintech Revolut valued at $75 billion after funding round

British fintech Revolut has reached a valuation of $75 billion following a recent share sale to investors including Nvidia’s venture arm NVentures and US firms Coatue, Greenoaks, and Dragoneer.

Founded in 2015, Revolut has grown into a leading provider of smartphone-based financial services, initially offering seamless currency exchange and money transfers.

Victor Stinga, CFO, said the valuation reflects the company’s rapid growth and strong profitability. The figure marks a significant jump from $45 billion last year.

The company recently began an employee secondary share sale and announced plans to invest $13 billion over five years to expand globally, targeting 100 million customers in 100 countries.

However, Revolut has faced scrutiny over regulatory compliance, particularly in areas related to fraud prevention and anti-money laundering.

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