Revolut has reached a $115 billion valuation through a new secondary share sale, extending a rapid rise in the private market value of the crypto-friendly digital bank. According to reports from The Wall Street Journal, the deal prices shares at $2,017 each and allows employees and other existing shareholders to sell stock, creating liquidity for existing holders without raising fresh capital. The new valuation represents a 53% increase from the $75 billion level established in a 2025 share sale and more than double the $45 billion valuation recorded in 2024.
Revolut reported $6 billion in group revenue for 2025, representing a 46% increase from $4 billion a year earlier. As reported by The Wall Street Journal, profit before tax rose 57% to $2.3 billion, while net profit reached $1.7 billion with a 38% pre-tax profit margin. The company ended 2025 with 68.3 million retail customers after adding 16 million during the year, with current website figures showing the platform now serves more than 75 million customers worldwide. Customer balances reached $67.5 billion at the end of 2025, while total transaction volume rose 65% to $1.7 trillion.
Revolut's valuation increase follows significant progress in its banking and crypto operations. According to reports, the company received a full U.K. banking license in March 2026 after operating under restricted authorization, giving it wider path to offer banking products including deposits, credit and lending services. The fintech is also pursuing a U.S. national bank charter, filing its application with the Office of the Comptroller of the Currency in March. Revolut secured a MiCA license in Cyprus in October 2025 for regulated crypto services across European markets and received in-principle approval from Dubai's Virtual Assets Regulatory Authority for virtual asset services in the UAE.
Revolut continues expanding its crypto services through its main app and separate Revolut X platform for trading. As reported by The Wall Street Journal, the company's wealth revenue, including investment and crypto-related activity, rose 31% to $876 million. Revolut CEO Nik Storonsky stated the company had built a diversified business capable of supporting its next stage of expansion, with the company planning to combine traditional banking products with stablecoins, multi-currency accounts, stock trading and crypto services if its American expansion receives regulatory approval. Storonsky has previously indicated Revolut does not plan to list before 2028, with reports linking the company to a possible future public valuation as high as $200 billion.
