Revolut has reached a $115 billion valuation through a secondary employee share sale, cementing its status as Europe’s most valuable private company. The deal priced shares at $2,017 each, allowing employees and existing shareholders to sell stock without raising fresh capital, according to The Wall Street Journal.
The latest private-market benchmark represents a 53% increase from the $75 billion valuation set in November 2025 and more than double the $45 billion recorded in 2024. The $115 billion figure places the crypto-friendly digital bank above Barclays, which had a market cap of roughly $95 billion at the time of the report. The comparison, while limited due to Revolut’s private status, underscores its rapid ascent.
Revolut backed the higher valuation with record 2025 financials: $6 billion in revenue (up 46% year-over-year), $2.3 billion in pre-tax profit (up 57%), and a 38% pre-tax margin. The company ended 2025 with 68.3 million retail customers, adding 16 million during the year, and now serves over 75 million users worldwide. Customer balances hit $67.5 billion, and total transaction volume surged 65% to $1.7 trillion. Wealth revenue, including crypto activity, rose 31% to $876 million.
The fintech’s global expansion continues on the back of regulatory approvals. It received a full UK banking license in March 2026, opened the door to deposits, credit, and lending in its home market. On the crypto front, a MiCA license secured in Cyprus in October 2025 grants EU-wide regulated services, and Dubai’s Virtual Assets Regulatory Authority granted in-principle approval for crypto trading in the UAE. Revolut also filed for a US national bank charter in March, with plans to offer stablecoins, multi-currency accounts, stock trading, and crypto if approved.
CEO Nik Storonsky stated that the company “has only just begun to show what is possible.” While an IPO isn’t planned before 2028, reports link a future public debut to a potential $200 billion valuation. For now, the secondary sale provides liquidity while Revolut remains privately held and continues its banking and crypto expansion.
