Core Insights - Revolut has raised new funding in a share sale that values the company at $75 billion, making it one of Europe's most valuable private tech companies [1] - The funding round was led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from notable investors such as Nvidia's NVentures and Andreessen Horowitz [1] Financial Performance - In 2024, Revolut's revenue increased by 72% to $4 billion, and the company reported a net profit of $1 billion (£790 million) [5] - The company claims to have reached $1 billion in annualized revenue this year [5] - The launch of the crypto exchange, Revolut X, contributed to a revenue increase of 298%, rising from $158 million in 2023 to $647 million in 2024 [5] Business Expansion - Founded in 2015, Revolut offers a variety of services including multi-currency accounts, payment and transfer services, and crypto products [3] - The company is expanding internationally, with operations in multiple countries including Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. [4] - Revolut has plans to enter over 30 new markets by 2030 and aims to reach 100 million customers by mid-2027 [6] Licensing and Regulatory Status - Revolut is awaiting final approval to operate as a full-fledged bank in the U.K. and holds a banking license in the European Union [4] - The company has recently launched operations in India and is set to begin operations in Colombia in 2026, with additional plans for Mexico, Argentina, and South Africa [4]

Company Overview - HALA is a leading fintech company in Saudi Arabia, focused on providing embedded financial services to micro, small, and medium enterprises (MSMEs) [11] - The company has rapidly expanded its offerings, which include business accounts, card issuance, payment and transfer services, and point-of-sale solutions [11] - HALA currently serves over 142,000 businesses and processes more than $8 billion in annual transactions [6][11] Investment Details - HALA has successfully raised $157 million in a Series B funding round, marking it as one of the largest fintech Series B funding rounds in the Middle East [1][2] - The funding round was led by The Rise Fund and Sanabil Investments, with participation from various other venture capital firms [2] - The capital raised will be used to strengthen HALA's market position, enhance its service offerings, and expand its regional presence [2] Growth and Vision - The investment reflects HALA's year-on-year growth and the scalability of its operating model, which aligns with Saudi Vision 2030 to boost the contribution of SMEs to GDP [4] - HALA's co-founders expressed their commitment to innovation and excellence in serving small businesses, emphasizing the potential impact on the MSME landscape [7][10] - The company aims to empower micro and small businesses by providing a broad range of payment solutions, which are essential for the region's economy [10]