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Revolut is building a convenient, seamless, borderless financial app that simplifies finance-related operations and removes the barriers that prevent users from achieving their financial goals.
Revolut valued at $115 billion, ranks among Europe's most valuable startups
According to Reuters, Revolut has become Europe's most valuable startup, with a current private market valuation of $115 billion, surpassing UK-based Barclays and France's Société Générale. In 2025, it recorded a pre-tax profit of £1.7 billion (around $2.2 billion), reflecting rapid year-on-year growth. The company currently serves 80 million customers and is actively expanding into markets such as Mexico and Australia while continuously securing new licenses. However, Revolut continues to face several challenges: revenue per customer remains well below that of traditional banks, and its lending portfolio is comparatively small (with a loan-to-deposit ratio of just 6%, far below HSBC's 55%); it faces stiff competition in the United States; moreover, it was previously penalized by Lithuanian authorities for anti-money laundering violations and recently suffered a customer data breach. Analysts emphasize that boosting primary account usage and scaling its lending business will be the central focus for Revolut's next phase.
AI anti-fraud company Socure completes $156 million funding round, led by Summit Partners
: AI anti-fraud company Socure announced the completion of a $156 million strategic growth funding round, valuing the company at $5.2 billion. The round was led by Summit Partners, with participation from Wells Fargo, Goldman Sachs Alternatives (under Goldman Sachs), DocuSign, and others. In addition, the company also announced the acquisition of AI startup Fravity, aiming to leverage AI agents for fraud, risk, and compliance investigations. The specific acquisition amount has not been disclosed yet. Its anti-fraud services are currently applied to companies including crypto exchange Coinbase, stablecoin issuer Circle, digital bank Revolut, and Robinhood. (Crunchbase)
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Index Ventures 完成 20 亿美元新一轮募资，押注 AI 驱动下一代科技公司
据 Sifted 报道，欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资，旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成：4 亿美元种子基金、9 亿美元早期风险基金，以及向现有成长期基金追加的 7 亿美元（该基金规模由 15 亿美元扩大至 22 亿美元）。 Index Ventures 表示，新资金将持续支持创始人"从首轮融资到上市乃至更远"，覆盖欧洲、以色列及美国市场。此次募资背景下，AI 是其核心押注方向，该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前，Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售（估值达 1150 亿美元），均为本轮募资提供了有力背书。
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
Nvidia's Investment Footprint Expands: Reportedly Injects Nearly $200 Million into Digital Bank Revolut
NVentures, the venture capital arm of Nvidia, may have invested approximately $196 million in the UK-based fintech company Revolut.A confirmation statement filed with Companies House in the UK reveals that a shareholder entity, suspected to be NVentures LLC, holds approximately 141,834 shares in Revolut. Based on the issuance price disclosed in Revolut's funding round, these shares are valued at around $195.9 million.Previously, neither Nvidia nor Revolut had publicly disclosed the specific investment amount or shareholding scale of NVentures in the company. This document leak indicates that Nvidia is further expanding its presence in the fintech sector through strategic investments.Founded in 2015, Revolut is one of Europe's leading digital banking platforms, covering areas such as payments, foreign exchange, investments, and crypto asset services. In recent years, Nvidia has been consistently investing in AI, fintech, and next-generation internet infrastructure companies through NVentures, and this investment in Revolut is also seen as part of its strategy to expand its AI and digital finance ecosystem. (TechFundingNews)
Revolut valued at $115 billion, ranks among Europe's most valuable startups
According to Reuters, Revolut has become Europe's most valuable startup, with a current private market valuation of $115 billion, surpassing UK-based Barclays and France's Société Générale. In 2025, it recorded a pre-tax profit of £1.7 billion (around $2.2 billion), reflecting rapid year-on-year growth. The company currently serves 80 million customers and is actively expanding into markets such as Mexico and Australia while continuously securing new licenses. However, Revolut continues to face several challenges: revenue per customer remains well below that of traditional banks, and its lending portfolio is comparatively small (with a loan-to-deposit ratio of just 6%, far below HSBC's 55%); it faces stiff competition in the United States; moreover, it was previously penalized by Lithuanian authorities for anti-money laundering violations and recently suffered a customer data breach. Analysts emphasize that boosting primary account usage and scaling its lending business will be the central focus for Revolut's next phase.
Revolut Receives Approval from Argentina's Central Bank to Acquire Banco Cetelem, Will Obtain Local Banking License
Odaily News: Digital bank Revolut has announced that it has received approval from the Central Bank of Argentina to acquire Banco Cetelem Argentina, a subsidiary of BNP Paribas. Upon completion of the transaction, the institution will be renamed Revolut Bank Argentina S.A.U. and operate as a licensed bank, but will not initially offer products or services to the public, and will officially launch local operations after completing remaining regulatory and operational requirements. Revolut stated that more than 150,000 people have already joined the waitlist for its Argentina business. (Crowdfundinsider)
Revolut Responds to Multiple Extortion Attempts: No Direct Contact Received, Italian Authorities Have Intervened
Odaily News: Following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransom. A group calling itself "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or it would sell customer data to other criminal organizations; another group, "Revolut Smilik," had earlier demanded 10,000 Bitcoin (approximately $780 million).In response, a Revolut spokesperson stated that the company has not received any direct contact or extortion demands from any of the aforementioned individuals or organizations. Meanwhile, Italy's Anti-Mafia and Anti-Terrorism Directorate has launched an investigation, with Italian prosecutors investigating unauthorized access to government computer systems, and Italy's privacy regulator has also asked banks to urgently review the security of their access systems. (Cointelegraph)
Italian authorities investigate government email security incident linked to Revolut customer data breach
Odaily reports: Italian cybercrime police are investigating a government email security incident linked to a Revolut customer data breach, involving suspected unauthorized access to computer systems and computer fraud.The accounts involved are said to belong to Italy's Certified Email System (PEC). Revolut did not confirm which government agency the compromised accounts belonged to, but said it has reported the incident to Italian authorities and that its systems, databases, and customer funds were not affected.Italy's CERT-AGID cybersecurity agency warned in June that PEC only certifies email delivery and does not guarantee the security of email contents. The agency said it has handled over 650 cases of abused or illegal PEC accounts since the beginning of 2026. (Cointelegraph)
Revolut: Forged Government Emails Lead to Sensitive Data Breach for Some Users
Revolut confirmed it fell victim to external fraudsters who used spoofed government agency domains to bypass verification, resulting in the exposure of customer sensitive data including passports and transaction records. The company stated that its systems and funds remain secure, and it has notified affected users and regulators.
Revolut Falls Victim: Fake Government Requests Expose Bitcoin Activity Logs
Revolut sparked security concerns after unlawfully disclosing users' Bitcoin transaction data due to falling for a forged government investigation letter.
Revolut Responds to Multiple Extortion Attempts: No Direct Contact Received, Italian Authorities Have Intervened
Odaily News: Following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransom. A group calling itself "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or it would sell customer data to other criminal organizations; another group, "Revolut Smilik," had earlier demanded 10,000 Bitcoin (approximately $780 million).In response, a Revolut spokesperson stated that the company has not received any direct contact or extortion demands from any of the aforementioned individuals or organizations. Meanwhile, Italy's Anti-Mafia and Anti-Terrorism Directorate has launched an investigation, with Italian prosecutors investigating unauthorized access to government computer systems, and Italy's privacy regulator has also asked banks to urgently review the security of their access systems. (Cointelegraph)
Revolut Hit by Ransom Attack: Hackers Demand 3 Million Monero or Threaten to Leak Data
The hacker group "iamnotavillain" attacked Revolut and demanded 6,000 Monero as ransom, threatening to sell the data of at least 680 customers to the black market if the payment is not made.
Italian authorities investigate government email security incident linked to Revolut customer data breach
Odaily reports: Italian cybercrime police are investigating a government email security incident linked to a Revolut customer data breach, involving suspected unauthorized access to computer systems and computer fraud.The accounts involved are said to belong to Italy's Certified Email System (PEC). Revolut did not confirm which government agency the compromised accounts belonged to, but said it has reported the incident to Italian authorities and that its systems, databases, and customer funds were not affected.Italy's CERT-AGID cybersecurity agency warned in June that PEC only certifies email delivery and does not guarantee the security of email contents. The agency said it has handled over 650 cases of abused or illegal PEC accounts since the beginning of 2026. (Cointelegraph)
Revolut rolls out euro stablecoin EURR in phases, ECB emphasizes privacy protection for digital euro
Odaily News The digital euro, issued by the European Central Bank (ECB) and representing public money, is still in the development stage; EURR, on the other hand, is a stablecoin issued by a private institution designed to maintain a value of 1 euro. Both are aimed at meeting the demand for instant fund transfers within digital platforms.Fintech company Revolut has begun a phased rollout of its euro stablecoin EURR to eligible users in Denmark, Poland, and Portugal, with plans to expand to the European Economic Area in the future. EURR is deployed on the Ethereum network and can be used for on-chain transfers between fiat currencies, crypto assets, external wallets, and supported blockchain networks.EURR is issued by Bridge Building, a Stripe-owned company, rather than directly by Revolut. Piero Cipollone, a member of the ECB's Executive Board, stated that the digital euro will offer the highest level of privacy supported by current technology, with offline payments visible only to the payer and payee, while in online transactions, participating banks will still have access to information required for anti-money laundering compliance. (Forbes Digital Assets)
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Ground COO: DeFi is Losing Its Way, Yield Wars Overlook Users' Real Needs
Odaily News, Ground COO Stephanie Vaughan stated that the current DeFi industry is陷入 a "yield war," but market participants are more focused on securing distribution access to fintech platforms, overlooking the real problems users need to solve.She pointed out that Robinhood, Coinbase, Revolut, and Kraken are competing for user funds, while protocols such as Aave, Morpho, and Ethena are competing to become the infrastructure for lending strategies. Vault service providers and risk management institutions are also competing around fintech platforms. However, this model does not establish DeFi's own user relationships—it merely fights for the opportunity to be selected by platforms.Stephanie believes that the current market is signaling that DeFi products have near-zero pricing power. Much of the yield comes from subsidies provided by platforms, Vault service providers, strategy providers, or underlying protocols, rather than genuine demand created by the products themselves. This is more like paying "shelf fees" than achieving true distribution capabilities.She further noted that some multi-strategy Vaults suffer from issues such as idle capital, deployment delays, and slow governance processes, resulting in a gap between the actual returns users receive and the advertised APY. In contrast, traditional financial products like money market funds can put capital to work immediately.Stephanie stated that with declining L2 costs and maturing cross-chain infrastructure, the chain itself is no longer a core competitive advantage. In the future, DeFi should build products closer to personal execution environments, driven by user needs. She believes the competitive focus should shift from shared Vaults to infrastructure like MPC wallets, allowing users to retain control over strategies while platforms handle execution and streamline processes.
Index Ventures 完成 20 亿美元新一轮募资，押注 AI 驱动下一代科技公司
据 Sifted 报道，欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资，旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成：4 亿美元种子基金、9 亿美元早期风险基金，以及向现有成长期基金追加的 7 亿美元（该基金规模由 15 亿美元扩大至 22 亿美元）。 Index Ventures 表示，新资金将持续支持创始人"从首轮融资到上市乃至更远"，覆盖欧洲、以色列及美国市场。此次募资背景下，AI 是其核心押注方向，该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前，Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售（估值达 1150 亿美元），均为本轮募资提供了有力背书。
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
European Central Bank Launches Digital Euro Pilot, 36 Institutions Including Deutsche Bank and Revolut Selected
the European Central Bank (ECB) has selected 36 banks and payment companies to participate in the digital euro pilot project, preparing for the potential issuance of a Central Bank Digital Currency (CBDC) possibly in 2029. Selected institutions include Deutsche Bank, Revolut, Adyen, SumUp, UniCredit, and Worldline. The list was selected from 50 applicant institutions.The digital euro pilot program is scheduled to launch in the second half of next year, lasting for 12 months. It will test the Beta version of the digital euro across various payment scenarios, including: online person-to-person transfers, offline payments, in-store payments, and e-commerce payments. The pilot scope will cover the ECB and the central banks of 19 eurozone countries. ECB employees and staff from national central banks will participate as users, while some restaurants, cafes, and online merchants will support digital euro payments.Although the digital euro currently lacks legal tender status, its design will closely align with the relevant legislative framework being developed by the European Union. The ECB stated that the final decision on whether to issue a digital euro will await the passage of relevant regulations and a decision by the ECB's Governing Council.One of the key reasons for the ECB's push for a digital euro is concern that the development of private dollar-pegged stablecoins could impact Europe's monetary sovereignty. In recent years, dollar-backed stablecoins like Tether's USDT and Circle's USDC have grown rapidly in global payment volumes, drawing the attention of European regulators to financial autonomy.However, the CBDC project still faces privacy controversies. Some privacy advocacy groups worry that a central bank digital currency could lead to transaction tracking or even pose a risk of restricted account access. In contrast, the United States has recently passed laws restricting the Federal Reserve System from issuing a digital dollar before the end of 2030.Currently, Europe's digital euro project is entering its practical testing phase, while EU legislative bodies are advancing the relevant legal framework. If the regulatory process proceeds smoothly, the digital euro could potentially be officially launched as early as 2029. (CoinDesk)
Related news
Revolut valued at $115 billion, ranks among Europe's most valuable startups
According to Reuters, Revolut has become Europe's most valuable startup, with a current private market valuation of $115 billion, surpassing UK-based Barclays and France's Société Générale. In 2025, it recorded a pre-tax profit of £1.7 billion (around $2.2 billion), reflecting rapid year-on-year growth. The company currently serves 80 million customers and is actively expanding into markets such as Mexico and Australia while continuously securing new licenses. However, Revolut continues to face several challenges: revenue per customer remains well below that of traditional banks, and its lending portfolio is comparatively small (with a loan-to-deposit ratio of just 6%, far below HSBC's 55%); it faces stiff competition in the United States; moreover, it was previously penalized by Lithuanian authorities for anti-money laundering violations and recently suffered a customer data breach. Analysts emphasize that boosting primary account usage and scaling its lending business will be the central focus for Revolut's next phase.
ECB 启动数字欧元创新平台，探索 AI 代理支付
欧洲央行（ECB）宣布开启新一轮数字欧元创新平台申请，将测试 AI 智能体等未来支付方式。该项目分为原型开发与研讨会两条赛道，且已有包括 Revolut 在内的 36 家机构入选独立试点。
ECB Launches Digital Euro Innovation Project, Exploring AI Agent Payments and Machine-to-Machine Transactions
Odaily reports: The European Central Bank (ECB) has announced the launch of a new round of applications for its digital euro innovation platform, inviting fintech companies, payment institutions, and other organizations to explore AI agents participating in digital euro payments. The project will be divided into two parts: practical testing and future application workshops. The practical testing will take place from January to June 2027, during which participants will develop prototypes for features such as electronic receipts, multi-party transactions, and conditional payments; the workshops will explore AI payments, micropayments, machine-to-machine transactions, and the use of the digital euro in public services.In addition, the ECB has selected 36 banks and payment institutions, including Revolut, Stripe, and Deutsche Bank, to participate in another 12-month digital euro pilot, which is scheduled to launch in the second half of 2027. The final issuance of the digital euro still requires EU legislation and subsequent ECB decisions. (Cointelegraph)
Apollo Chief Economist Warns: AI Agents May Trigger a "Slow-Motion Bank Run"
Apollo Chief Economist Torsten Slok has warned that as AI agents begin autonomously managing household finances, they may shift low-interest demand deposits into higher-yield accounts, potentially triggering a "slow-motion bank run." Slok stated that the average interest rate on U.S. demand deposits is currently only about 0.1%, while platforms such as Revolut, SoFi, Varo, LendingClub, and Wealthfront offer deposit APYs ranging from 3.3% to 5%.If households broadly adopt AI agents to automatically optimize cash yields, banks could lose the low-cost deposits used to fund lending, posing risks to the financial system. Slok also noted that AI agents can monitor balances in real time, compare yields across different institutions, and automatically move idle funds. (CoinDesk)
Revolut Receives Approval from Argentina's Central Bank to Acquire Banco Cetelem, Will Obtain Local Banking License
Odaily News: Digital bank Revolut has announced that it has received approval from the Central Bank of Argentina to acquire Banco Cetelem Argentina, a subsidiary of BNP Paribas. Upon completion of the transaction, the institution will be renamed Revolut Bank Argentina S.A.U. and operate as a licensed bank, but will not initially offer products or services to the public, and will officially launch local operations after completing remaining regulatory and operational requirements. Revolut stated that more than 150,000 people have already joined the waitlist for its Argentina business. (Crowdfundinsider)
Tom Lee: AI and Crypto Integration Is Accelerating, Tokenization Could Reshape the Financial System
Tom Lee Tracker (@TomLeeTracker) posted that Fundstrat founder Tom Lee stated that tokenization and Agent AI will be the two core drivers of the next crypto cycle. BlackRock anticipates more assets will be tokenized in the future, and financial settlement infrastructure is accelerating on-chain migration; fintechs like Revolut have already begun expanding their footprint on Ethereum. Tom Lee believes AI is building the digital economy, while crypto provides it with digital currency and foundational blockchain support. Blockchain technology is expected to unlock new financial products and significantly simplify existing complex payment systems.