Top-Tier Backers Lead the Charge
Heavyweights from Silicon Valley to Wall Street Join In
The share sale was spearheaded by Coatue, Greenoaks Capital Partners LLC, Dragoneer Investment Group LLC, and Fidelity Management & Research Co.—the investment adviser for financial giant Fidelity Investments.
Nvidia’s venture capital arm, NVentures, also participated, strengthening Revolut’s collaboration with the chip giant “in core areas such as AI,” according to the fintech. Nvidia’s involvement signals a deeper alignment between financial technology and machine-learning innovation.
The list didn’t stop there. Andreessen Horowitz, Franklin Templeton parent Franklin Resources, Inc., and funds advised by T. Rowe Price Associates Inc. also took positions.
Expansion Milestones Fueled the Share Sale
Revolut said it launched the offering after a period of strong financial results and global expansion victories. Recent milestones include banking authorizations in Mexico and Colombia, along with plans to roll out services in Mexico and India.
CEO Nik Storonsky said the latest valuation reflects Revolut’s “remarkable progress” toward becoming the first truly global digital bank, aiming to reach 100 million customers across 100 countries.
