Revolut hits $75B valuation in new capital raise

Revolut has raised new funding in a share sale that values it at $75 billion, positioning the British neobank as one of Europe’s most valuable private tech companies.

The company said on Monday the deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.

Revolut did not mention how much it raised in the share sale, but it did say it allowed employees to cash out in the deal. As of…