Revolut valuation $115 billion after new funding round

Based on reporting by Sinziana Albu (The Paypers) and John Reynolds (Tech.eu).

What happened

Revolut announced on Wednesday, Nov. 4, that a secondary share sale has pushed its valuation to $115 billion, more than double the figure it held two years ago. The round was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford, with participation from existing backers and new investors. While the company did not disclose the total amount raised, the sale priced shares at roughly $2,017 each, allowing employees and early investors to cash in on their equity.

The valuation increase follows a string of regulatory milestones in 2026, including full banking launches in the United Kingdom, Mexico, Australia and New Zealand, and banking licences in France, Colombia and Argentina. In the United States, Revolut received conditional approval for a national bank charter from the Office of the Comptroller of the Currency.

Financially, Revolut reported 2025 revenue of $6 billion, a 46% rise year‑over‑year, and pre‑tax profit of $2.3 billion, up 57% from the prior year. The fintech now serves over 80 million retail customers and is targeting more than 100 million active users across 100‑plus countries.

Why it matters

The $115 billion price tag makes Revolut the highest‑valued private tech company in Europe and cements its status as a global‑scale “unicorn” – a term explained in our unicorn guide. The valuation reflects investor confidence in Revolut’s shift from a Europe‑centric payments app to a fully licensed digital bank with a presence in North America, Latin America and Oceania.

For the broader fintech ecosystem, the round signals that capital is still flowing into companies that can demonstrate both rapid user growth and profitability. Revolut’s pre‑tax profit of $2.3 billion shows that the business model can generate earnings at scale, a point that differentiates it from many loss‑making rivals.

What it means for investors, consumers and the industry

• Investors see a clear exit pathway as the company’s market‑ready banking licences could eventually lead to a public listing or a strategic sale.
• Consumers can expect a broader suite of banking services, including the recently launched credit product that offers loans from £2,000 to £25,000 with transparent terms and no early‑repayment fees.
• Competitors will need to match Revolut’s speed of product rollout, a factor that has already drawn scrutiny from the UK’s Prudential Regulation Authority.

Revolut’s CEO and founder Nik Storonsky emphasized employee ownership as a cultural pillar, noting that the secondary sale “gives them the chance to share in the value they’ve created.” CFO Victor Stinga added that the milestones “strengthen our digital banking proposition in core markets and pave the way for reaching millions more customers beyond Europe.”

What to watch next

Key indicators to monitor include:

1. How quickly Revolut can scale its newly licensed entities, especially the conditional U.S. bank charter.
2. Regulatory outcomes from the Bank of England’s Prudential Regulation Authority investigation into the speed of product launches.
3. Progress toward the 100 million active‑customer goal, which will test the company’s ability to acquire and retain users outside its traditional European base.
4. Potential follow‑on funding rounds or a public listing, which could further crystallize the $115 billion valuation for shareholders.

Stakeholders should keep an eye on quarterly financial releases for updates on revenue growth, profit margins and the performance of the new credit offering, as these metrics will shape the next phase of Revolut’s global expansion.

Sources

• Revolut’s Valuation Hits $115 Billion With New Funding — pymnts.com
• Revolut closes fundraising round at USD 115 billion valuation — reported by Sinziana Albu, The Paypers
• Revolut confirms $115BN valuation, after completing secondary sale — reported by John Reynolds, Tech.eu