AI Weekly Malaysia

Revolut's investors closed a secondary share sale valuing the London fintech at $115B, 53% above its price a year ago, with buyers including Coatue, Durable Capital, T. Rowe Price and Baillie Gifford — and no new money going into the company. The company reports 38% profit margins on $6B of 2025 revenue and 80M+ retail customers across 40+ countries, and says it has conditional OCC approval for a US national bank targeted for the first half of 2027. Its business banking arm, launched 2017, is now about 20% of gross profit and processes over £36B (~$48.6B) monthly across Europe, the UK, Singapore, Australia, New Zealand and the US.

Why: The number worth stealing is the mix, not the valuation: business banking is ~20% of gross profit and moves £36B/month, while consumer is the customer-acquisition funnel — if you are building fintech in Malaysia, the profitable wedge described here is business accounts and cross-border transaction volume, not consumer wallets. Note that Singapore is the only Southeast Asian market named for Revolut Business and the US bank is a 2027 target, so this text gives no signal of a Malaysian launch or licence move; treat any local-entry narrative as unsupported by this article.