Photo: Revolut.com
NVIDIA’s VC arm reportedly acquired $196M stake in Revolut
Revolut recently secured in-principle approval from Dubai's VARA for a VASP license, marking a key step toward launching regulated crypto services in the UAE.
NVentures, NVIDIA’s corporate venture capital arm, may have acquired 141,834 shares in Revolut, Tech Funding News reported Friday, citing a UK Companies House confirmation statement.
At the funding round’s reported share price, the stake would be valued at approximately $196 million, although neither NVIDIA nor Revolut has disclosed the investment’s size.
According to a June Bloomberg report, Revolut was considering a secondary share sale that could increase its valuation to $115 billion, up from the $75 billion valuation it secured in November 2025 with backing from Coatue, Greenoaks, Dragoneer, Fidelity, NVentures and other major investors.
The proposed transaction would enable existing shareholders and employees to sell shares rather than raising new capital.
The timing follows major regulatory milestones, including the receipt of a full UK banking license and an ongoing application for a US bank charter, both of which could support Revolut’s expansion into lending and banking services.
The fintech firm also received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for a VASP license this week, expanding its regulatory footprint in the Middle East as it continues to grow its digital asset business.
The approval, which still requires final authorization, would allow Revolut to offer regulated crypto broker-dealer, investment, and exchange services in the UAE via its retail app and Revolut X.