Revolut Valued at $115 Billion in Share Sale
The fintech's secondary share sale lets existing shareholders and employees sell stock without new capital entering the company.
Updated on Nov. 4, 2026 in Financial Services
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Revolut closed a secondary share sale valuing the company at $115 billion, led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, and accounts advised by T. Rowe Price and Baillie Gifford. Shares changed hands at about $2,017 each, and the company did not disclose how many shares were sold.
Why it matters
The valuation is up from $75 billion a year earlier and $45 billion in 2024, reflecting strong growth in the fintech's business. Employee ownership has long been part of the company's culture, and the sale offers an exit route that substitutes for a public offering.
Revolut's 2025 revenue grew 46 percent to €5.3 billion and pretax profit rose 57 percent to €2.0 billion, a 38 percent pretax margin. The company did not disclose how many shares changed hands in the sale.
The players
Revolut
A London-founded fintech offering digital banking, currency exchange and investment products to more than 80 million retail customers worldwide.
Glade Brook Capital Partners
A U.S. growth-equity investment firm that co-led the secondary round in Revolut.
Coatue
A New York-based investment firm known for backing high-growth technology companies, which co-led the round.
T. Rowe Price
A major U.S. asset manager whose advised accounts participated in the Revolut share sale.
Baillie Gifford
A Scottish investment management firm whose advised accounts participated in the Revolut share sale.
The details
Glade Brook Capital Partners, Coatue, Durable Capital Partners, and accounts advised by T. Rowe Price and Baillie Gifford led the round, which is a secondary sale with no new capital entering the company. Employees were able to sell part of their shares, and the company says it plans to invest about €2.3 billion a year in growth through 2030.
Timeline
2024: Revolut valued at $45 billion and staff share sale held.
July 2026: Revolut confirmed the secondary share sale process.
Start of 2026: Revolut began launching banks in several countries.
2027: Austrian customers to receive Austrian IBANs.
2028: Earliest planned dual listing in New York and London.
Market Landscape
Revolut's valuation has grown from $45 billion in 2024 to $75 billion a year before this round and now $115 billion, extending a steep climb in private fintech pricing. Its planned dual listing in New York and London, at up to $200 billion no earlier than 2028, positions the company to compete for public-market capital alongside established banks and payments firms.
Revolut customers in Austria will receive Austrian IBANs starting in 2027, and banking products are expanding in Britain, Mexico, Australia and New Zealand. The share sale itself does not change what customers pay, though the company's growth investment is planned at about €2.3 billion a year through 2030.
The takeaway
Private valuations for high-growth fintechs can rise quickly, but a dual listing and public-market scrutiny remain years away. Customers and investors should watch for the company's audited results and the terms of any future public offering.
What happens next
Revolut plans a dual listing in New York and London at up to $200 billion, no earlier than 2028, and will launch Austrian IBANs for customers in 2027.
Further reading
For broader context on how digital lenders and payment firms are reshaping banking, see Financial Services.
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