News Summary

• Revolut is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones.
• The U.S.-based firm Greenoaks is said to be leading the round, though the deal has not been finalized, and terms could change.
• Revolut was last valued at $45 billion in 2024 after selling shares on the secondary market and subsequently became one of the most valuable tech companies in Europe.
• The company also saw a spike in users, having more than 50 million customers.