Revolut Valuation Hits $115 Billion in Share Sale Ahead of U.S. Bank Plan

Secondary Share Sale Boosts Valuation

A group of existing investors has completed a secondary share sale that values the British financial technology firm Revolut at $115 billion. This new price tag represents a 53% increase compared to a valuation from a similar share sale conducted a year prior. The transaction did not inject new capital into the company because it involved existing shares changing hands rather than the issuance of new stock. Participating investment firms included Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, and Baillie Gifford.

Global Expansion and Profitability

Established in 2015, Revolut has expanded from a simple money-transfer application into a comprehensive financial services platform. The company currently serves more than 80 million retail customers across over 40 countries. Alongside its retail growth, the business banking division has emerged as a major profit driver, generating roughly 20% of the company’s gross profit and processing tens of billions in monthly transactions. Financially, the London-based enterprise has demonstrated strong performance, reporting a profit margin of 38% on revenue of $6 billion in 2025.

U.S. Bank Launch and Future Plans

Looking ahead, Revolut is preparing to establish a national bank in the United States, having already secured conditional approval from the Office of the Comptroller of the Currency. The company anticipates launching the U.S. banking operations in the first half of 2027, pending final regulatory clearance. Furthermore, leadership is evaluating a potential public stock offering that could happen no earlier than 2028, with executives considering a primary listing in the United States.