Crypto-friendly digital financial institution Revolut has been valued at $115 billion in a secondary share sale, lifting the corporate’s valuation by 53% in lower than a 12 months.
The corporate priced shares at $2,017 every, in response to an inside message from CEO Nik Storonsky reported by The Wall Avenue Journal. The transaction permits staff and different present shareholders to promote inventory quite than elevating new capital for Revolut.
The valuation has greater than doubled from $45 billion in 2024 and makes Revolut Europe’s most beneficial non-public firm, representing a serious rise from the $75 billion valuation seen in November final 12 months.
It additionally places the agency above rival banking giants like Barclays’ roughly $95 billion market worth, although with the caveat that Revolut’s worth relies on a non-public transaction whose dimension has not been disclosed.
Revolut reported $2.3 billion in pre-tax revenue for 2025, up 57%, as income rose 46% to $6 billion. Its buyer base has since handed 75 million.
The corporate’s major app lets its customers commerce greater than 200 crypto tokens, switch property to exterior wallets and stake holdings, whereas the agency additionally manages its personal standalone crypto trade known as Revolut X.