Revolut Valuation Reaches $115 Billion in Share Sale
A secondary share sale lifted the fintech’s valuation 53% from a year earlier, while leaving the company without new proceeds.
Key takeaways
- The share sale valued Revolut at $115 billion, up 53% from a year earlier.
- The secondary sale brought no new money into Revolut.
- Revolut plans to launch a U.S. bank in the first half of 2027, subject to final approval.
Revolut’s valuation reached $115 billion in a secondary share sale, 53% above its level a year earlier, TechCrunch reported. The transaction involved investors selling shares and did not bring new money into the company.
Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford led the sale, according to TechCrunch. Revolut did not disclose how much stock was sold.
The fintech has more than 80 million retail customers across over 40 countries, TechCrunch reported. It has conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national bank, which it plans to launch in the first half of 2027, subject to final regulatory approval.
Revolut received the final green light for a UK banking permit in March, according to City A.M. The company also said this week it had obtained a banking licence in New Zealand.
Revolut reported group-wide profit of £1.7 billion in 2025, up 57% from the previous year, as its user base grew, City A.M. reported. Chief executive Nik Storonsky has considered a dual listing in New York and London, and has said he prefers a primary listing in the U.S., TechCrunch reported.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
