Revolut’s Value Soars to $75 Billion with Nvidia’s Investment
Revolut, the UK-based digital bank, recently announced that its valuation has reached $75 billion, marking a significant increase from its $45 billion valuation in 2024. This surge in value comes after a successful share sale, where Nvidia, the American multinational technology company, was among the investors. While the exact amount invested by Nvidia is unknown, this move cements the two companies’ existing partnership and underscores the importance of AI infrastructure in banking.
Nvidia’s Investment in UK’s AI Ecosystem
In September, Nvidia had revealed its plans to infuse £2 billion into the UK technology market, particularly focusing on London, where Revolut is headquartered. This investment was envisioned to bolster the tech ecosystem and foster the growth of innovative startups. Reports at the time suggested that Revolut would be among the primary beneficiaries of this investment.
Jensen Huang, the founder and CEO of Nvidia, described the UK as being in a “Goldilocks moment” – a perfect convergence of world-class universities, bold startups, leading researchers, and cutting-edge supercomputing. He expressed his belief in the prospects of the UK, stating that there had never been a better time to invest in the country. Huang envisioned the UK leading the next wave of AI innovation with the new capital and advanced infrastructure.
Revolut and Nvidia: An Existing Partnership
Even before Nvidia’s recent investment, Revolut and Nvidia had a strong partnership in place. Revolut has been leveraging Nvidia’s technology for its AI infrastructure, including an AI chat assistant and an AI-powered scam detector. This existing collaboration highlights the strategic importance of AI in banking, making it a key differentiator for Revolut.
Revolut’s Impressive Financial Performance
In 2024, Revolut saw its revenue rise by an impressive 72% to $4.0 billion. As of now, the digital bank boasts a global retail customer base of over 65 million, with Revolut Business also achieving $1 billion in annualized revenue in 2025.
The CFO of Revolut, Victor Stinga, attributes the rapid growth and strong profitability to their successful business model. The increased investor interest and higher market demand for Revolut’s stock have contributed to the company’s increased valuation.
Revolut’s Expansion Plans
Revolut is not resting on its laurels and has been actively seeking to expand its reach internationally. After gaining clearance to operate a digital bank in Mexico last month, the neobank is also pursuing a license in Colombia and considering an acquisition in Argentina.
Revolut is also contemplating becoming a U.S.-licensed bank. Sid Jajodia, Revolut’s U.S. CEO, revealed to Reuters that they were actively exploring the possibility of either acquiring a U.S. bank or applying for their own banking license. This forms part of their broader strategy to become the first truly global bank, serving 100 million customers across 100 countries, as stated by Revolut CEO Nikolay Storonsky.
Challenges for Revolut’s U.S. Expansion
Despite the optimism, entering the U.S. market poses unique challenges for Revolut. Emmett Higdon, director of digital banking at Javelin Strategy and Research, suggests that Revolut might have a better chance of success in the U.S. if it purchases an existing bank, given the current regulatory environment. He cautions Revolut against assuming that strategies successful in other markets will necessarily work in the U.S., citing the example of German fintech N26’s unsuccessful U.S. expansion.
Revolut also faces competition from U.K.-based digital bank Monzo, which is currently seeking a U.S. bank charter. Higdon suggests that Monzo’s offerings are more closely aligned with the U.S. market, posing a challenge to Revolut’s expansion plans.
In conclusion, Revolut’s recent valuation of $75 billion underscores its impressive growth and the strategic importance of AI infrastructure in banking. With Nvidia’s investment, Revolut continues to push forward its global banking strategy, aiming to establish itself as a global leader in the fintech industry.
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