Revolut
Revolut reached a $75 billion valuation after a secondary share sale led by Coatue, NVIDIA and Fidelity, the London-based fintech said Monday. The deal reflects strong investor appetite for established fintechs with crypto offerings and provides liquidity to early shareholders.
Revolut is partnering with Ethereum scaling network Polygon to enable crypto remittances and stablecoin-based payments, aiming to lower costs and speed settlement. The deal underscores growing Layer-2 and stablecoin use for cross-border transfers.
Revolut announced users can now convert U.S. dollars to Tether’s USDT and Circle’s USDC at a 1:1 rate with “no spreads” and straight price-matching, though fees may apply above set volume limits.
Revolut has obtained the MiCA license from CySEC, allowing it to offer regulated crypto services across all 30 EEA countries. With a 65 million user base, the platform introduces Crypto 2.0 featuring 280+ tokens, zero-fee staking, and stablecoin-to-USD conversions with no spread.