Kapronasia’s Post

Revolut is aiming for a $40 billion valuation through an employee share sale, reflecting its rapid growth and ambitious future plans. - 🚀 Seeking $40B valuation through employee share sale - 🌍 Expanding global presence in fintech - 📈 Targeting exponential growth similar to Amazon - 🏦 Offering diverse financial services to millions of users #Fintech #Revolut #Innovation - 💳 Initially focused on travel debit cards, now offering banking, crypto, and more - 🌟 Known for instant notifications and social sharing features - 🌐 Present in 35 countries with 16M retail clients - 📊 Revenues from fees, FX, subscriptions, not reliant on traditional banking margins Revolut seeks valuation of more than $40bn in employee share sale https://lnkd.in/gz8ypsnR

Revolut has confirmed a new valuation of $45 billion via a secondary market share sale, shortly after the U.K.-based neobank secured its own banking license in the U.K. and Mexico. The news positions Revolut as one of Europe’s most valuable private tech companies. Revolut has raised around $1.7 billion since its inception, its most recent tranche coming via a Series E of $800 million in 2021, which gave it a $33 billion valuation post-money. In the intervening years and against a backdrop of a global economic downturn, Revolut’s valuation reportedly dipped at various junctures. The speculation last year was that it may have fallen to around $20 billion. With Revolut a private company, nothing was ever confirmed. But off the back of record profits this year and strong user growth, with customers hitting the 45 million mark, rumors emerged that the company was seeking a valuation of around $40 billion; now that’s been confirmed. #revolut #fintech

🚀 Exciting times for Revolut as they continue to expand their footprint in various areas of #fintech and grow their business! Despite their primary focus on payments, they've successfully ventured into the #insuranceindustry through their app. 🏦 However, a significant milestone for them has been the journey to securing a #banking license—a process that has taken three years. This highlights the challenges posed by the regulatory environment, especially for companies driving #innovation. To truly foster groundbreaking advancements, regulatory frameworks need to evolve, ensuring that decisions are made without extensive delays. As #insuranceinnovation continues to accelerate, the need for regulatory processes to keep pace is more critical than ever. The future depends on our ability to navigate these challenges efficiently. #localrisksglobalinsured #consulting #insights https://lnkd.in/eQKrFnsh

Observing Revolut CEO Nikolay Storonsky comment on how the UK fintech unicorn erred in its growth-first business strategy, one could almost imagine he was having a change of heart – that perhaps Revolut should be more modest and disciplined in its expansion efforts. Storonsky recently told Bloomberg, “For a long time, I wanted to be as less regulated as possible, it was the completely wrong decision.” He said that Revolut had focused too much on brisk growth. Yet he then went on to seemingly contradict himself. He said that Revolut sought to double in size from its current 50 million daily active customers to 100 million in 100 countries, with US$100 billion in annual revenue – an almost fiftyfold increase over the US$2.2 billion it earned in 2023. While Storonsky leads a fintech company, his ethos aligns more with Big Tech than financial services. His revenue target is wildly ambitious for a consumer oriented financial services company that is barely a decade old. Bank of America had about US$98.5 billion in revenue in 2023, while Citigroup had US$78.5 billion. Consider that both BOA and Citi are more than 100 years old, and did not achieve such high revenue until recently. Storonsky is trying to position Revolut as an ascendant tech giant, which would make his revenue target more feasible. Companies like Amazon, Apple and Google have grown exponentially over the past decade. He has been focused on building out the Revolut ecosystem to make it a super app – a digital financial services platform which its customers use for everything from everyday banking and payments to stock and crypto trading. The idea is for Revolut to be dominant in digital financial services in many markets. We think Revolut’s prospects in Europe, both the continent and UK, are good. This is where the Revolut brand is best known, and where the digital competition is arguably the least formidable. In Asia Pacific, Revolut faces more formidable competitors, and simply lacks the ability to quickly penetrate the largest emerging markets like China, India, Indonesia, the Philippines and Vietnam. If you look past Revolut’s PR machine, you will find that its reach in APAC is strongest in the Anglosphere – Australia and New Zealand. Otherwise, it is not a big player. We expect that Revolut’s long-term prospects will hinge to some extent on if it can win a banking license in the United States. Without the banking license, Revolut cannot achieve significant scale in the U.S. market, where it faces formidable native digital competitors like Chime. #revolut #banking #financialservices #fintech #payments https://hubs.li/Q02ZVt910

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: Employees at FinTech giant Revolut to cash in with $500m share sale. Bosses at Revolut, Britain's biggest FinTech, are drawing up plans to allow employees to cash in with a sale of stock valued at hundreds of millions of pounds. Sky News has learned that the banking and payments services provider is lining up investment bankers to coordinate a secondary share sale worth in the region of $500m (£394m). Morgan Stanley, the Wall Street bank, is expected to be engaged to work on the proposed stock offering, which will take place later this year. City sources said this weekend that Nik Storonsky, Revolut's co-founder and chief executive, was determined to seek a valuation of at least the $33bn (£26bn) it secured in a primary funding round in 2021. "This will not be a down-round," said one person familiar with Revolut's thinking. Read more: https://lnkd.in/eQBKnvpA Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

Big Win for Revolut Signals Fintech Resurgence? Revolut just scored a major victory that could signal a turning point for consumer fintech. After a grueling 3-year wait, the digital banking startup has finally secured a full UK banking license. This is huge. For years, Revolut has faced intense scrutiny and skepticism from media and experts alike. Questions swirled around their business model and accounting practices. But this license is a game-changer - it validates Revolut's approach and paves the way for more efficient, transparent operations. The implications extend far beyond just one company. This win for Revolut could herald a broader comeback for B2C fintech, a sector that's weathered some tough years recently. Revolut's persistence has paid off. By obtaining this coveted license, they've silenced many critics and positioned themselves for a new phase of growth. For an industry that's taken its lumps lately, Revolut's breakthrough offers a glimmer of hope. It suggests that reports of fintech's slowdown may have been greatly exaggerated.

Great News for Revolut ! I predict that another 12m+ customers and another set of good results will lead to IPO in late 2025. With Revolut barely penetrating the lending opportunity there is a lot of headroom for a major uplift in banking revenues. The customer base is making high levels of cross-sales (compared to traditional banks) and there is room for more non-banking products beyond the tiered bundles and eSIMs. The legacy banks continue to have major customer service problems and premium prices that their service levels fail to justify. Some may be facing a Nokia moment sometime soon. It feels like some are giving up on retail and focusing on the easier to defend corporate and HNW parts of the market. But some fintechs are already pushing into these segments. Many years ago one retail bank CEO boasted that they were a fast follower, and most big banks CEOs would have said the same. The success of Revolut, Starling, Nubank and N26 shows how empty those claims have proved.

🚀💰 Unlocking Financial Freedom with Fintech Fintech is revolutionizing the way we manage money, making financial services more accessible without the traditional banking hassles. Curious about the latest strides? Dive into Revolut’s journey! 🌐 Revolut: From Startup to Billion-Dollar Behemoth Founded in 2015, Revolut started as a digital payments facilitator and has since expanded into a comprehensive banking platform. With a user base of 45 million across 38 countries, it's clear they're doing something right! 💰 Recent Milestone: $300 Million Share Sale In a bold financial move, co-founder Nik Storonsky recently sold up to $300 million of his stake in Revolut. This transaction, part of a larger $500 million deal, provided much-needed liquidity for employee shares. 🏦 Banking License: A Game-Changer After three years, the wait paid off—Revolut secured a banking license in July 2023, increasing its chances of becoming regulated as a bank in the US and elsewhere. What’s next? They're eyeing a potential IPO on Nasdaq! 🚀 What This Means for You With Revolut's continued growth and new capabilities, users can expect robust financial services right at their fingertips. Planning for your financial future just got easier! 💡 Your Thoughts? How do you perceive the rise of digital banking solutions like Revolut in your daily life? Will traditional banks keep up or be left behind? Share your insights below! #FinanceTips #Revolut #DigitalBanking #InnovationInFinance #FintechRevolution 🤔✨ Explore more and make informed decisions about your financial health! Engage with us for more insights!

𝗔 𝗬𝗘𝗔𝗥 𝗜𝗡 𝗥𝗘𝗩𝗜𝗘𝗪: What a year it was for Revolut 🤯 Here are the Key Highlights of 2024: This year Revolut reached major milestones hitting 𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 customers and a $𝟰𝟱𝗯𝗻 valuation. However, they are aiming for even more, according to the Founder and CEO Nik Storonsky on stage in an interview with Martin Mignot at Slush: “Revolut’s future? nr1 Global Bank in 100 countries for 100M customers, and $100B revenue.” 🤯 (https://bit.ly/4eGOvH3) Time will tell whether they achieve this or not, but they have made significant progress in that direction this year: 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 & 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 🇬🇧 Secured UK banking license after a three-year process: https://bit.ly/3DpVOWD  🇲🇽 Obtained banking license in Mexico: https://bit.ly/3U2Otkt  🇮🇳 Received PPI license from RBI in India (Planning 2025 launch) 🇨🇴 Set for 2025 entry in Colombia: https://bit.ly/4iRQjjF Revolut also submitted applications to the Central Bank of the United Arab Emirates to become an electronic-money institution and offer remittances in the country: https://bit.ly/49RomEA In an interview Nik Storonsky also hinted at a US 🇺🇸 Banking License application: https://bit.ly/3ZTrEmh 𝗠𝗮𝗷𝗼𝗿 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗟𝗮𝘂𝗻𝗰𝗵𝗲𝘀 ► Revolut Invest: Standalone investment app: https://bit.ly/3Dt0Gu6  ► Revolut X: Standalone crypto trading platform: https://bit.ly/4gvw2PB  ► Global eSIM service: https://bit.ly/40adTRy  ► BillPay: AI-driven business solution:  ► POS Terminal Launch: https://bit.ly/3VUaHH6 Finally, Revolut's new Global HQ will open in London in the former Thomson Reuters building in May 2025. Here’s an exclusive inside look at Revolut’s future Global HQ at the top of the YY London building, spanning 4 floors and over 100,000 square feet: https://bit.ly/3PcvgLa I highly recommend reading my complete 2024 year in review article for more Stripe news in 2024 here: https://lnkd.in/dTV3VwZs Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]

Revolut Employees Set for Stock Payday! 🟦🟩🟧Great news for Revolut staff! The fintech giant is planning a secondary share sale worth $500m, allowing employees to cash in on their stock options. This move comes amidst Revolut's impressive growth, doubling its revenue last year and boasting over 40 million customers. While details are still emerging, the sale is expected to maintain Revolut's title as Britain's most valuable fintech, even amidst the tech slowdown. #Revolut #Fintech #EmployeeStockOptions #Growth #Funding https://lnkd.in/ejiyMTmm