Digital banking company Revolut has been valued at $115 billion in a secondary share transaction, according to the company — up 53% from its valuation in November 2025.
The details
- Investors in the transaction included Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford.
- In a secondary sale, existing shares change hands. Revolut itself did not receive new money, and the total value of shares sold was not disclosed.
- Revolut reports more than 80 million retail customers in over 40 countries.
- The company has conditional approval for a US national bank charter, a step towards offering full banking services in the United States.
Why secondary sales matter
Secondary sales let early investors and employees sell some of their shares without the company going public. The price sets a reference point for the company's value, even though no new capital is raised.
Why it matters
Revolut started as a currency exchange and travel card app and has grown into one of the world's most valuable private financial technology companies. A US bank charter would allow it to compete more directly with established American banks — a market many international fintechs have found difficult to enter.
Sources
Was this article helpful?
Comments & ratings
No comments yet. Be the first to share your view.