A $40 bln valuation would rank Revolut alongside Europe's biggest banks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 21 2024
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Source: reuters
- Revolut's Valuation: Revolut, a British fintech company, is seeking a valuation of over $40 billion through a share sale, potentially making it Europe's most valuable start-up.
- Revenue Streams: Revolut earns revenue from payments, subscriptions, and customer trading in stocks and cryptocurrencies.
- Regulatory Scrutiny: The company has faced regulatory scrutiny over internal accounting issues since its 2021 fundraise.
- Financial Performance: Revolut's revenue has been increasing rapidly, reaching a record $1.1 billion in 2022, with different drivers for growth in different years.
- Market Position: If Revolut secures the $40 billion-plus valuation, it would surpass Barclays and NatWest in value, positioning itself as a significant player in the fintech industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
