Revolut Eyes $100B+ Valuation… IPO Ambitions Set at $150B
Hey FinTech Fanatic!
Revolut is reportedly exploring a new secondary share sale in H2.
After being valued at $75B last year, investors are now pushing for a $100B+ price tag in the secondary market.
And here’s the bold part. An eventual IPO target of at least $150B. That would put Revolut in the same league as global banking heavyweights, and far ahead of most FinTech peers.
What makes this even more interesting? Yesterday I covered Stripe’s jump to a $159B valuation and shared a chart showing how its valuation evolved over the years 👉 Check the Stripe’s valuation revealed yesterday.
Two private FinTech giants. Both scaling. Both are delaying IPO pressure.
Previous rounds were consistently oversubscribed, showing there’s no shortage of demand. Heavyweight investors like Andreessen Horowitz, Fidelity, Franklin Templeton, and NVentures are already on the cap table.
And 2025 revenue is reportedly tracking toward £4.1B ($5.5B), which starts to make a nine-figure valuation conversation feel less abstract and more grounded in scale.
Are we watching Europe’s first true $150B tech giant take shape?
Curious how you see this playing out 👇 I'll be back tomorrow with more stories that are healing the industry.
Cheers,
#FINTECHREPORT
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FINTECH NEWS
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🇺🇸 Xero has rolled out an online bill payments feature that combines the Xero platform with Melio’s payment processing capabilities. The online bill payments feature was designed to help small businesses turn bill payments from a constant headache into a more predictable, manageable part of running the business.
PAYMENTS NEWS
🇺🇸 Circle reports fourth quarter and full fiscal year 2025 financial results. Jeremy Allaire, Co-Founder, Chief Executive Officer, and Chairman at Circle, highlighted expanding USDC adoption across enterprises and public institutions, progress toward launching Arc mainnet, growth in CPN transaction volume, and rising momentum for EURC and USYC.
DIGITAL BANKING NEWS
🇮🇪 Revolut says access-to-cash laws risk stifling its Irish expansion. Revolut has warned it would be discouraged from expanding in Ireland if it were forced to help preserve access to cash. The FinTech also said new laws risk damaging Irish consumers’ ability to access savings products that pay better interest rates.
🇬🇧 Revolut weighs share sale later this year on pre-IPO demand. Revolut’s investors have been pushing for a new process that would value the firm at least $100 billion. Deliberations are at an early stage, and no decisions over the size or timing of a share sale have been taken.
🇧🇷 Nubank releases 2025 results. Estimate for the fourth quarter points to revenues of $4.581 billiom, implying a year-on-year growth of 55.7%, while adjusted net profit would be $918 million, with an increase of 55% compared to the same period of the previous year.
🇺🇸 Klarna reaches 55 million monthly app users as usage surges 53% year over year. CEO Sebastian Siemiatkowski said the growth reflects Klarna’s shift toward becoming a global digital bank for everyday money management. Recent launches are driving increased daily usage and positioning the app as a central hub for consumer finances.
BLOCKCHAIN/CRYPTO NEWS
🇺🇸 Mastercard is staffing up for stablecoins and DeFi. The Director of Crypto Flows will lead stablecoin-linked card launches, expand DeFi and blockchain payment integrations, and update Mastercard’s network rules and risk systems to support Web3 transactions.
🌎 Oobit enables instant stablecoin transfers to bank accounts worldwide. Oobit has enabled wallet users to send stablecoins directly to bank accounts worldwide with near-instant settlement. The service removes traditional delays and intermediaries, allowing funds to be received without relying on SWIFT processing.
🇺🇸 US seizes $61M in USDT linked to pig butchering crypto fraud scheme. Investigators from Homeland Security Investigations traced the victims’ funds across multiple wallets used to launder the proceeds before identifying several addresses that still held substantial amounts, which were then seized and made subject to forfeiture.
🇧🇷 Brazil’s Banco Braza brings real-backed BBRL stablecoin to Polygon. With this step, BBRL is no longer confined to a single blockchain setup and can now be used on Polygon for transfers and other on-chain transactions. The move to Polygon enables faster and lower-cost transactions, particularly for cross-border payments and business use cases.
PARTNERSHIPS
🇺🇸 Intuit and Anthropic partner to bring trusted financial intelligence and custom AI agents to consumers and businesses. Mid-market businesses will be able to build secure, customizable AI agents on Intuit’s platform with Claude, tailored to their unique, industry-based needs.
🇨🇦 Peoples Group teams with Fiserv to build Canada's next-generation payments platform. This leading technology will enable clients and partners to leverage instant payments, always-on infrastructure, and rich ISO 20022 data through direct connections to Canada's prominent payment systems, streamlining automation and enhancing digital client experiences.
🇺🇸 Slash announces collaboration with Visa DPS to power scalable, reliable card issuing platform. As part of its collaboration with Visa, the move gives Slash customers stronger controls and clearer data, with the capacity to scale alongside expanding transaction volume.
🇨🇴 FinTech Prometeo and Fiskil announce alliance to strengthen the implementation of Open Finance in Colombia, combining connectivity to financial institutions via APIs with a platform to manage consent, data provider operation, integration with directories, and monitoring.
🌍 SumUp signs with Form3 for real-time payments across Europe. This expanded partnership will consolidate multiple payment capabilities through a single provider, simplifying SumUp’s payments infrastructure, reducing operational complexity, and enabling merchants to unlock growth across markets.
DONEDEAL FUNDING NEWS
🇩🇪 Secfix raises $12M Series A to build an end-to-end security compliance platform. Secfix has raised new funding to expand its AI-driven security compliance platform across Europe, aiming to help mid-sized companies automate certification and manage ongoing cybersecurity and regulatory requirements.
🇺🇸 Croissant raises $28m to power fashion FinTech ecosystem. Croissant is going to use its new funds to share some of the affiliate money it gets from brands with shoppers. So people who use Croissant will get 10% back on purchases made within the network in credits that can be used immediately to purchase other goods.
🇬🇧 Allica Bank joins FinTech unicorn club after £100m injection. The challenger bank is said to have netted $155m (£111m) in a Series D fundraise, which will take the firm’s valuation to $1.2bn and over the billion-pound mark to declare unicorn status.
🇸🇬 SG FinTech startup Lyte raises $4.2m. By enabling payouts as fast as one business day, Lyte significantly reduces financial stress for sales professionals waiting on delayed commissions. The fresh capital will fuel product enhancements, AI integrations, and expansion into new markets like Australia.
🇨🇴 Addi, a Colombian digital lending FinTech company, secures US$89M in financing to expand its lending options. The CEO of the FinTech company stated that the company continues to expand its capital markets platform, this time through a partnership with Citi and the strengthening of its strategic alliance with Fasanara Capital.
🇺🇸 Finrob closes $3.9m seed to bring AI-powered research to crypto and financial markets. The funding will be used to accelerate product development, expand data integrations, and grow the platform's research capabilities. Read more
M&A
🇮🇳 Worldline announces strategic sale of its Indian payment activities to BillDesk. The transaction supports Worldline’s strategy to refocus on core European payment activities, strengthen its financial position, and redeploy capital. The group also remains committed to India as a strategic talent and innovation hub, particularly in automation and AI.
🇺🇸 Experian acquires AtData in an email data and identity push. AtData’s real-time email signals will integrate with Experian’s consumer data, analytics, and decisioning platforms to support identity verification, authentication, and customer engagement across digital channels.
🇺🇸 Array acquires EarnUp to expand flexible, paycheck-aligned payment solutions. The acquisition brings EarnUp’s proven payment infrastructure and enterprise relationships into Array’s growing portfolio of embedded financial tools, expanding Array’s ability to support consumers navigating complex debt and cash-flow challenges.
🇳🇴 Norway’s Verdane to buy Augmentum FinTech in £185.7m deal. Under the terms of the transaction, Verdane will pay 111p per share in cash, which is a premium of about 27% to the closing share price. Continue reading
MOVERS AND SHAKERS
🇬🇧 Revolut is recruiting the number two at La Banque Postale, Perrine Kaltwasser, to help it obtain its banking license. The hire completes a key step in Revolut’s effort to secure a French banking license, strengthening its executive team with experienced leaders from traditional banking.
🇧🇷 Neon announces Fabíola Marchiori as the new CTO to lead technology. At Neon, she will be responsible for leading an integrated technological structure, with the goal of repositioning engineering as an engine for scale, operational efficiency, and financial sustainability.
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