Rui Capital’s Closed Investment in Revolut: A Milestone in Fintech
- sean52921
- Sep 1, 2024
- 1 min read
We’re pleased to share that Rui Capital has successfully completed an investment in Revolut, Europe’s most valuable private company. With over 10 million customers in the UK alone and a global reach extending to 160 countries, Revolut has rapidly established itself as a leader in digital banking, offering an extensive suite of financial services to both retail and business customers.
This investment, secured at a 16% discount to the recent $45 billion share tender, highlights our confidence in Revolut’s future. From multi-currency accounts to peer-to-peer payments and business spend management, Revolut’s mission to create a global financial superapp aligns with Rui Capital’s commitment to pioneering fintech innovation. Revolut’s growth trajectory is marked by impressive financial performance, with 2023 revenue reaching $2.2 billion—a substantial 84% increase from 2022.
With an eye on continued global expansion, Revolut aims to deepen its presence in Latin America and North America and broaden its offerings in lending, crypto, and stock trading. This closed investment is a key addition to Rui Capital’s portfolio, supporting a fintech leader poised to redefine the future of global finance.