Revolut is looking to raise a new funding round that would give it a $65 billion valuation, according to the Financial Times.

The fintech super app is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, though the deal has not been finalised, and terms could change.

Revolut reported bumper growth for the full year 2024, driving pre-tax profits to $1.4 billion and net profit at $1 billion.

The firm was last valued at $45 billion in 2024 after selling shares on the secondary market.

The partner of Fintech section is