Revolut Reports 46% Revenue Surge as It Seeks $75 Billion Valuation

Revolut is aiming for a $75 billion valuation as it reports a strong revenue surge, with the second-quarter revenue reaching $1.4 billion, marking a 46% increase from the previous year.

This growth supports its plans for a significant expansion into the U.S. market as the company prepares to finalize its latest fundraising round.

The fintech's revenue for the second quarter rose from £694 million to £1.01 billion, with continued momentum in recent months where July and August revenues were £373 million and £410 million, respectively.

Source: financemagnates.com