"It's their hard work, innovation, and dedication that has driven us to become the most valuable private technology company in Europe," Revolut CEO Nik Storonsky said.
Revolut's valuation reportedly dipped at various junctures, with speculation emerging last year that it may have fallen to around $20 billion, demonstrating the volatility and dynamics of the market.
Revolut has raised around $1.7 billion since its inception, its most recent tranche coming via an $800 million Series E in 2021, where it claimed a $33 billion valuation.
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