Revolut may offer investors in Europe access to Apollo funds - Bloomberg
Revolut, according to the agency, is preparing a platform for private equity investments
Revolut intends to launch a private equity investment service in Europe, including from Apollo and Blackstone / Photo: Shutterstock.com/Bohdan Aleksandrovych
British fintech service Revolut is in talks with one of the largest asset managers Apollo Global Management to provide investors with access to its financial instruments, Bloomberg reported citing sources. In December, the agency wrote that Revolut is also in contact with Blackstone on the same topic.
Details
Asset manager Apollo Global Management could be one of the partners in Revolut's new private equity investment platform, Bloomberg sources say. The fintech is expected to launch it later this year, the agency's interlocutors said. One of them specified that Apollo funds will be available only in EU countries.
Revolut may also bring other managers to the project, Bloomberg's interlocutors added. Discussions between Apollo and Revolut do not guarantee a deal yet, they said. Representatives of both companies declined to comment to the agency.
If Revolut and Apollo agree, it would be one of the most notable attempts to raise funds from retail investors in the private markets, Bloomberg notes. Revolut has more than 70 million users.
Revolut is also in preliminary talks with Blackstone about offering its investment funds on the new fintech platform, Bloomberg wrote in December 2025. The London-based fintech firm's revenue from client capital transactions rose nearly 300% to 506 million pounds ($689 million) in 2024, driven largely by cryptocurrency trading volumes, the agency noted.
Why is it Apollo
On Monday, February 9, Apollo announced that it raised $4 billion in capital from individuals and family offices in the fourth quarter. Thus, the volume of assets under management of the fund in this segment reached about $50 billion. At the same time, the goal of Apollo is $150 billion by 2029, writes Bloomberg.
This week Apollo also announced a partnership with UK asset manager Schroders to develop investment solutions for private wealth and pension fund investors.
While many private wealth managers are focusing on partnerships with the private wealth segment, some are increasingly targeting mainstream investors, Bloomberg notes. Last year, for example, German online broker Trade Republic signed agreements with Apollo and EQT AB, while trading platform Robinhood Markets launched a closed-end fund to give U.S. retail investors access to private companies.
This article was AI-translated and verified by a human editor
