Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary stock sale, lifting the company’s valuation by 53% in less than a year.
The company priced shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by The Wall Street Journal. The transaction gives employees and other existing shareholders the opportunity to sell shares instead of raising new capital for Revolut.
The valuation has more than doubled from $45 billion in 2024, making Revolut Europe’s most valuable private company, representing a big increase from its $75 billion valuation last November.
It also puts the firm above rival banking giants such as Barclays’ market capitalization of around $95 billion, though with the caveat that Revolut’s price is based on a private transaction, the size of which has not been disclosed.
Revolut reported $2.3 billion in pre-tax profit for 2025, up 57%, as revenue rose 46% to $6 billion. Its customer base has since passed 75 million.
The company’s main app lets its users trade more than 200 crypto tokens, transfer assets to external wallets and share holdings, while the firm also manages its own standalone crypto exchange called Revolut X.
