Revolut hits $75B valuation

Wow the ramp note in there it links to is also wild. Half of that for employee liquidity!

> Last week, New York-based expense management startup Ramp raised its fourth round of capital in 2025 alone — a $300 million round at a $32 billion valuation.

The UK neobank completed a share sale at a $75 billion valuation, up from $45 billion last year Bloomberg, led by Coatue, Fidelity, and—wait for it—Nvidia's NVentures PYMNTS.com. Because apparently Nvidia is now just investing in everything that moves.

Revolut's 2024 revenue grew 72% to $4 billion with profit before tax increasing 149% to $1.4 billion Disruption Banking. Unlike most fintech darlings, they're actually profitable and growing fast across 65 million customers.

But here's the kicker: this is a secondary sale—meaning existing shareholders are cashing out. When insiders are selling at these valuations, it's worth asking who's buying the peak. Especially when traditional banks are still struggling to innovate and Revolut is building a global bank from scratch.

The company is solid, but $75 billion for a neobank? That's more than many established global banks. The fintech premium is alive and well, even as the AI bubble inflates around it. What do you think?