Digital bank Revolut completes a new round of financing, with a valuation reaching 75 billion USD

Financial technology company Revolut Ltd. reached a valuation of $75 billion in its latest round of stock sales, a significant increase from last year's $45 billion.

This round of financing was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from Nvidia's venture capital arm NVentures, Andreessen Horowitz, Franklin Templeton, and accounts managed by T. Rowe Price. Revolut offers services such as checking and savings accounts, international remittances, cryptocurrency, and stock trading.