Back
Revolut valuation rises to $115 billion in secondary share sale

Revolut valuation rises to $115 billion in secondary share sale

The employee share sale values Revolut at $115 billion, above Barclays’ roughly $95 billion market cap, as the fintech reports stronger profits, broader crypto services and expanding licenses.

Fact Check
All claim elements are corroborated by authoritative sources. WSJ and Bloomberg both confirm Revolut's $115 billion valuation via a secondary/employee share sale at $2,017 per share (up from $75 billion). WSJ headlines Revolut as Europe's most valuable startup/private company. CNBC and multiple financial outlets confirm the 2025 financials: ~$2.3 billion pretax profit on ~$6 billion revenue (up 46%).
    Reference: 123
Summary

Revolut has reached a $115 billion valuation in an employee secondary share sale, about 53% above the $75 billion valuation from November 2025 and more than double the $45 billion valuation recorded in 2024, with shares priced at $2,017. The transaction lets employees and existing shareholders sell stock without raising fresh capital and makes Revolut Europe’s most valuable startup, ahead of Barclays’ roughly $95 billion market capitalization. Revolut reported 2025 pre-tax profit of $2.3 billion, up 57% year over year, on revenue of $6 billion, up 46%, with net profit of $1.7 billion and a 38% pre-tax profit margin. The company ended 2025 with 68.3 million retail customers, says it now serves more than 75 million customers worldwide, and reported customer balances of $67.5 billion and transaction volume of $1.7 trillion. Wealth revenue, which includes investment and crypto-related activity, rose 31% to $876 million. Revolut offers crypto trading through its main app and Revolut X, has secured a MiCA license in Cyprus and in-principle approval from Dubai’s Virtual Assets Regulatory Authority, received a full U.K. banking license in March 2026, and is pursuing a U.S. national bank charter.

Terms & Concepts
  • secondary share sale: A transaction in which existing shareholders or employees sell shares to other investors without the company issuing new stock or raising fresh capital.
  • MiCA license: Authorization under the European Union’s Markets in Crypto-Assets framework, which governs crypto-related services across the bloc.
  • in-principle approval: Preliminary regulatory clearance that allows a company to prepare services before receiving final authorization.