Abu Dhabi’s Mubadala in Talks to Acquire $100M Stake in Revolut

Mubadala, Abu Dhabi’s sovereign wealth fund, is reportedly considering a $100 million investment in Revolut, the UK-based fintech firm known for its digital banking and crypto exchange services. According to sources familiar with the matter, the potential stake would come through the purchase of existing shares from early investors.

This wouldn’t be Mubadala’s first interaction with Revolut. The fund participated in a $400 million private share sale in 2023, led by Revolut co-founder and CEO Nik Storonsky, which valued the firm at $45 billion. The latest round of talks appears to involve shares held by early backers such as Balderton Capital, who may be looking to reduce their exposure.

While Mubadala has not officially commented on the discussions, insiders suggest that due diligence is underway. The focus appears to be ensuring the investment aligns with Mubadala’s long-term strategy, rather than rushing to meet a specific timeline.

Revolut, which now boasts more than 60 million users globally and over 500,000 business clients, has solidified its position as one of the most popular finance apps in Europe. Its rapid expansion into global markets and continued push into digital asset services make it a compelling target for sovereign wealth funds seeking exposure to high-growth tech.

If finalised, the move would signal Mubadala’s growing confidence in Revolut’s global potential and its broader ambition to deepen partnerships with leading digital-first financial platforms.