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Revolut’s $115B valuation
Revolut launched a secondary share sale that values the British digital bank at $115 billion, with the company pricing shares at $2,017 each, according to an internal message sent to employees by CEO Nik Storonsky reviewed by The Wall Street Journal.
“Revolut hits $115 billion valuation in employee share sale: WSJ The company reported strong 2025 performance, with a $2”
The valuation marks an increase from $75 billion after a secondary share sale completed in November 2025, and Reuters separately confirmed that the secondary sale is underway.
The transaction allows employees and other existing shareholders to sell part of their holdings without Revolut issuing new shares, while Revolut’s transition into a fully licensed UK bank in March is described as strengthening its position.
Revolut reported $4 billion in revenue for 2024, up 72% from the previous year, and profit before tax increased 149% to $1.4 billion, as the company surpassed 65 million customers by late 2025 and then expanded beyond 70 million.
Process details and demand
Revolut’s secondary share sale is underway, a Reuters-confirmed process described by Zonebourse Suisse as valuing each share at 2 017 dollars and giving Revolut a valuation of 115 milliards de dollars.
Zonebourse Suisse also says the information was initially reported by Bloomberg, citing an internal message to staff, while a Revolut spokesperson refused to comment on the details until the operation is finalized.
Tech.eu reports Revolut confirmed it has started a fresh secondary share sale and quoted the company saying, "As is standard, we won't comment on the details while the process is ongoing, and we'll provide an update once it has completed."
In the same internal message, CEO and co-founder Nik Storonsky told staff, "I’m glad that you now have another opportunity to realise liquidity on your shares," and Tech.eu links the momentum to demand from new and existing investors.
Licenses, products, and next
The sources tie Revolut’s valuation jump to its regulatory and product expansion, including the approval that allows the company to expand protected deposit accounts and introduce lending products such as loans and overdrafts at scale.
Crypto Briefing also says Revolut’s fully licensed UK bank transition in March would enable it to expand protected deposit accounts, while Tech.eu notes Revolut has over 75m retail customers globally and has applied for banking licences in the US and France.
Zonebourse Suisse adds that Revolut is founded in 11 years and operates without any physical bank branches, and it says the company aimed to sell at least 750 millions de dollars of shares in the secondary cession.
Coin Academy frames the stakes for investors and employees by describing the sale as not bringing fresh capital to the neobank and by stating that the size of the transaction was not disclosed, while it also points to a possible IPO valuation of up to $200 billion discussed as a next step.
