The all-in-one finance app for money management.

Revolut is a British fintech company revolutionizing personal and business banking. With a single app, users can hold and spend in multiple currencies, transfer money globally, invest in stocks and crypto, and manage their finances with powerful analytics. Revolut’s mission is to democratize financial services and empower customers to take control of their money, wherever they are in the world.

Why are we excited about them?

For the year ending 31 December 2024, Revolut recognised revenue of over £3 billion, a 72% increase year-on-year, driven by their customer adoption growth and product offering diversification. Their technology-driven operating model allowed a translation of that growth into profitability, reporting a net profit margin of 26%, as net profit grew to £790 million. Revolut Business continued to grow in 2024, generating 15% of total revenue, as more businesses join to use its multi-currency accounts, global payment services and smarter spending tools.

Molten Ventures Growth Fund First Close

Molten Ventures announces the first close of our Growth Fund at £175 million, including a £75 million cornerstone commitment from the British Business Bank. 

“There is no shortage of exceptional founders or technology businesses in the UK and Europe; what they too often lack is sufficient growth capital to help them become global leaders. This Fund gives Molten greater firepower to back our highest-conviction companies at Series B and beyond, build meaningful ownership positions and channel capital into the next generation of growth.” - 
Ben Wilkinson, CEO of Molten
Read the press release here