Richard Kett

@fluffypony @maxkarpis @imaginecurve So many examples like this. There are certainly more losers than winners

@maxkarpis Meanwhile Crowdcube investors that put money into @imaginecurve in 2019 got absolutely shafted💀

Earliest Revolut Crowdfunding Multimillionaires🚀 In 2016, 433 Crowdcube investors maxed out at £5,000 each at a £42M pre-money valuation. With Revolut's latest secondary share sale targeting a $115B valuation, those £5k bets will be worth about $6M on paper - nearly 1,000x returns. Here's the original pitch video. One of the greatest crowdfunding wins ever🤯

@ftfinancenews FT didn’t even report on the news of the next $115bn secondary round (Bloomberg stole the march on that). Is this an attempt at shoehorning that news in, after the fact 😂

ECB moved to rein in Revolut’s ‘self-guided missiles’ in Europe ft.trib.al/tOGY1QI

@LauraKirk12 Agree! What is that all about???

May God release me from AI images of Nigel Farage on Question Time

@MattWinton2 But valuations are often built on potential not just current state. For NU to obtain the number of bank licences Revolut has will take time

@MattWinton2 I understand the point but I don’t agree. Having principles is powerful. In this case it may well work against us (marginally), but in other instances it can help (solid wage structures for example).

The hysteria around Mr Q feels a bit much. In an ideal world, we wouldn’t have a betting sponsor. But we’re a club with financial limitations competing in football’s most uneven league. Revenue isn’t a luxury for QPR, it’s survival. You can dislike it and still understand it.

@Futurenvesting I think Revolut is now operating in Latam markets , whereas NU is not available in 20-30 Other regions where Revolut is active I like both of these in terms of huge growth potential

Every time I see Revolut raise money, I can't help but compare it to $NU. Fintechs in multiple geographies, with holistic product offerings, are expanding quickly and becoming a real threat to the incumbents in their regions. HOWEVER, Revolut has less revenue, same growth rate, less profit, lower margins, arguably the same TAM, and DOUBLE the valuation! Private markets have not felt the crunch that public markets are feeling, which leaves a lot of opportunity for investors who are following the fundamentals.

@maxkarpis No, but imagine many will be looking to lose some risk north of $100bn

@RCK1980 Are you looking to make an exit?

Revolut is looking to run a secondary share sale that would value the company at $115B. The formal process could start as soon as this month. Such a deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identified because they were discussing private information, Bloomberg reported. Revolut completed a previous secondary share sale in November 2025 that valued the company at $75B. This rumoured new secondary sale would lift the company’s valuation by about 53% in just seven months. It would value each share at roughly $2,118 higher, depending on the final terms. Since then, major advancements at Revolut have included strong 2025 financial results — $6.0 billion in revenue (up 46% year-on-year) and a record $2.3 billion profit before tax (up 57%) — as well as securing its full UK banking licence in March 2026.

@elenalovely06 @business 75m users (and growing fast)

Revolut is looking to run a secondary share sale that would value the digital bank at $115 billion, on the heels of receiving a UK bank license and applying for a charter in the US bloomberg.com/news/articles/…

@DanRichards0n @maxkarpis @FrankConway2025 I agree that invariably most of this 5m will be in that age bracket. …but 5m/31m (total customer / adult population in Poland) is more like 16% (not 10% as reported)

@maxkarpis @FrankConway2025 I wouldn’t be surprised if that 5M are 18-30. I can imagine the 30+ would stick to what they known for so many years.

The percentage of adults that have a Revolut account by country 🤔

@aishagani Huge news

⚡️EXCLUSIVE: Revolut co-founder and CTO Vlad Yatsenko to step down

@QuibbleUK @emeraldthiele I’ve been given a ticket from St Albans council for this exact error before (it was a virtual permit for a friends car on a residential street) The retracted it after appeal

@emeraldthiele Thanks for this. Have you been fined because of it before? If so, any details on which car park and date would be helpful.

Hello, we are Jonathan and Abigail - unashamed pedants who want to bring this affliction to bear on all things public policy and practice. We believe that details matter, especially in public administration. This is why today we are founding quibble: a campaign to fix the small stuff. Think, for example, about the cookie banner that we click on every webpage. Each instance is not a big deal, so we just put up with it. But its cumulative impact adds up - on average we press it 5 times per day. The European Commission estimates that it costs EU citizens 343 million hours per year. And who is there to represent the impacts of seemingly minor issues like this in a systematic way? We want quibble to be the answer. In the case of the cookie banner, lots of advocacy has rightly focused on privacy, but has this meant that user experience has taken a backseat? We believe there are ways to improve user experience without compromising on privacy. We will share more about this soon. Consider another example. Did you know that in some government-run car parks you can be fined for a minor keying error, such as accidentally typing a zero instead of an “o”? Again, we will come to the detail of this quibble in the coming weeks, but for now just consider again the question: who? Who is there currently to systematically represent the interests of the parker who is given an unfair ticket? An inherent feature of consumer interests is that those who have them rarely have enough other things in common to make collective organisation and representation feasible. This is the gap that quibble seeks to fill. Now of course excellent consumer interest groups exist. But understandably quibbles might not be at the top of their lists. Our hope is that quibble will be complementary; picking up the bottom-of-the-list issues faced by various groups - the stuff they are almost too embarrassed to raise because they are too small. We are not embarrassed about detail. If you’ve ever had a splinter, you know small things can have a big impact. This is what quibble is committed to tackling, and our wider hope is that by doing so we will also incentivise policy makers to be even more careful about detail. Check out our website here, including our first four campaigns: quibble.org.uk

@maxkarpis Spot on Max. I think the light balance sheet is absolutely an intentional strategy. Once mature, they will scale mortgages / lending.

@alansritchie @DanNeidle @Jan_Leeming Auto invested government backed instruments over its life (to protect against inflation). People could decide exactly when to switch into an annuity (from say 60). Earlier = reduced annuity, later = enhanced annuity

@RCK1980 @DanNeidle @Jan_Leeming How would the pensions funded by these personal pots react to changes in earnings, prices, or life expectancy? Like private DC pensions they ignore inflation and get smaller as people live longer? Would they be forced buyers of long term UK government debt?

No didn’t go that far. Our road tax doesn’t appear to go into roads - just like all the tax we’ve paid towards our pensions which wasn’t ring fenced amd invested for them - so now it’s today’s taxes which go into pensions. It’s not right.

@DanNeidle @Jan_Leeming The government should commit to start funding personal NI accounts for new births (and topping up yearly as the personal completes eligible years). Much like the underfunded private final salary scheme’s , it would help to make it more sustainable

@Jan_Leeming Pensions have to work like that. Unless you think that in 1945, the National Insurance system should have been created and people told no one would have a pension for another 30 years.

@Revolut Hi Revolut team. When did the company hit 75m customers ?

2016: 100k customers 2026: 75M customers

@maxkarpis I’m on a Revolut mobile plan and it works perfectly 👍

One happy customer of Revolut Mobile👇

@ownsomeshares $100bn round incoming …

Molten Ventures last week sold £63 million of Revolut shares. The sale, which is understood to have occurred under Revolut’s buyback framework, appears to have been done at a valuation for the digital bank of $75 billion, according to analysts at Berenberg and Deutsche Bank.

@StanCollymore @tSHandJ Palmer is the real shocker. If things are tight you need this exact type of talent/creativity to unlock things. I’d have taken Wharton over Henderson but I do understand the thinking

England fans across the world, you've had an hour or two to let it sink in. Your pros and cons of our World Cup Squad please? Will be discussing it on @tSHandJ at 2.30pm! 🏴󠁧󠁢󠁥󠁮󠁧󠁿