UK Tech Sector "Unicorn" Factory: Revolut Valuation Hits £45 Billion
- Duchess Magazine

- 3 days ago
- 1 min read

London’s status as the fintech capital of Europe remains undisputed. Today, digital banking giant Revolut confirmed it has raised a fresh round of funding, valuing the company at a staggering £45 billion. This valuation makes it one of the most valuable financial institutions in the UK, eclipsing the market capitalization of traditional high street stalwart NatWest Group.
The funding round was led by SoftBank and Tiger Global, signaling continued foreign confidence in the UK tech sector despite post-Brexit regulatory adjustments. Revolut’s CEO Nik Storonsky announced that the fresh capital will be used to fuel the company’s expansion into the mortgage market and AI-driven wealth management.
"We are building the world’s first truly global financial super-app, and London is our launchpad," Storonsky said.
This success is having a ripple effect across "Silicon Roundabout" in Shoreditch. Recruitment firms report a war for talent, with salaries for AI specialists and blockchain engineers in London rising by 15% in the last six months alone. The government’s new "Tech Visa 2.0," launched earlier this year to attract global coding talent, appears to be paying off. For UK investors, the message is clear: while traditional finance stabilizes, fintech is sprinting. The smart money in 2026 is moving away from brick-and-mortar banks and into the cloud.







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