Revolut was valued at $75 billion in a private secondary share sale announced on 24 November 2025. Existing shareholders, including employees, sold shares to new and existing investors. It was not an initial public offering, and Revolut did not disclose the transaction’s total capital raised. A later report put a July 2026 secondary sale at a reported $115 billion, so the $75 billion figure is a dated milestone rather than the latest reported valuation.
What happened in Revolut’s $75 billion share sale?
Revolut announced on 24 November 2025 that a secondary share sale valued the fintech at $75 billion. In a secondary sale, investors buy shares from existing holders instead of buying newly issued shares from the company. The sellers can include employees, founders and early investors; the announcement identified current employees among the participating holders.
Revolut described this as its fifth employee share sale. That gives employees and other existing holders a way to turn part of a private-company stake into cash before any public listing. Because the transaction was secondary, the headline valuation does not by itself show how much new funding entered Revolut’s balance sheet. The company did not publish a precise total for the sale.
Who led and joined the transaction?
The sale was led by Coatue, Greenoaks, Dragoneer and Fidelity Management & Research Company. Revolut also named Andreessen Horowitz (a16z), Franklin Templeton, T. Rowe Price Associates and NVentures, NVIDIA’s venture-capital arm, as participating investors.
#1 Best Overall
Why did investors support that valuation?
Revolut pointed to a combination of growth, profitability and expanding scale. The following figures are company-reported.
| Metric | Reported result | Period and qualification |
|---|---|---|
| Revenue | $4.0 billion | 2024; Revolut said revenue grew 72% year over year |
| Profit before tax | $1.4 billion | 2024; Revolut said profit before tax increased 149% |
| Retail customers | More than 65 million | 2025 company figure |
| Revolut Business annualized revenue | $1 billion | 2025 annualized figure, not a reported full-year result |
| Profitability history | Fifth consecutive profitable year | Described in Revolut’s 2025 annual-report search result |
These numbers suggest why investors could justify a higher private valuation: the business reported rapid top-line growth while also reporting substantial profit before tax, and it had expanded its consumer and business customer base. They remain management-reported figures rather than an independently audited valuation analysis.
Rank #2
- Comes with secure packaging
- Easy to read text
- It can be a gift option
What Revolut’s executives said
CEO and co-founder Nik Storonsky said: “This milestone reflects the remarkable progress we have made in the last twelve months towards our vision of building the first truly global bank, serving 100 million customers across 100 countries.”
CFO Victor Stinga said: “The level of investor interest and our new valuation reflect the strength of our business model, which is delivering both rapid growth and strong profitability.”
PC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchHow did the valuation compare with earlier Revolut milestones?
| Valuation | Date or reference | What it represents |
|---|---|---|
| $33 billion | 2021 | Earlier private-company valuation recalled in Reuters coverage |
| $45 billion | Prior year to the November 2025 sale | Previous valuation; Reuters reported the 2025 figure was 66% higher |
| $75 billion | 24 November 2025 | Implied valuation from the private secondary share sale |
| $115 billion | July 2026 report | Reported valuation for a later secondary sale, according to Reuters coverage carried by Euronext; it was more than 50% above $75 billion |
The increase from $45 billion to $75 billion was a 66% rise, according to Reuters. The 2021 comparison shows how far the private valuation had moved over several funding cycles, but each figure came from a private transaction rather than a continuously quoted stock price.
Can Revolut employees sell their shares?
Employees can sell shares when Revolut arranges an approved secondary sale and when they meet the company’s eligibility and administrative requirements. The November 2025 announcement specifically included current employees among the existing holders able to sell and called the transaction the fifth employee share sale.
Rank #4
This is different from an employee selling shares on a public exchange. In a private-company transaction, the company and its advisers set the process, eligible sellers accept the terms, and selected investors purchase the shares. Employees who do not participate generally continue to hold private, illiquid shares, subject to the plan and shareholder agreements governing them.
How does a secondary share sale differ from an IPO or a normal fundraising round?
| Transaction type | Who sells or issues shares? | Where the money generally goes | What the price means |
|---|---|---|---|
| Secondary share sale | Existing shareholders | To selling holders, such as employees or early investors | A negotiated private-market valuation for that transaction |
| Primary fundraising | The company issues new shares | To the company for business use | A negotiated price for newly issued equity, often with dilution for existing holders |
| IPO | The company and/or existing shareholders sell shares to public-market investors | Depends on the offering structure | A public listing price followed by a market capitalisation that changes with the share price |
Calling the November 2025 event a “fundraising share sale” can therefore be misleading if it implies a conventional capital injection. It was a private secondary transaction. Revolut disclosed the valuation and investor names but not a standalone amount of capital raised.
Best Value
How does $75 billion compare with Barclays and other listed banks?
RTÉ reported that the private-sale valuation exceeded the stock-market capitalisations of several listed banks, including Barclays, Société Générale and Deutsche Bank. That comparison is directional, not an apples-to-apples share-price contest.
- Valuation basis: Revolut’s number was an implied price in a negotiated private transaction; a listed bank’s market capitalisation is its live share price multiplied by shares outstanding.
- Liquidity: Revolut shares were not continuously tradable on a public exchange, while listed-bank shares generally are.
- Date: Market capitalisations move daily, so any comparison must use the same date as the private transaction or clearly state otherwise.
- Disclosure: Listed banks publish regulatory and financial information under public-company rules; private-company metrics may rely more heavily on management reporting and selected investor disclosures.
- Business scope: A valuation comparison does not establish that the companies have identical revenue, profit, geographic reach, capital requirements or regulatory permissions.
Is $75 billion still Revolut’s latest valuation?
No. The $75 billion figure remains Revolut’s November 2025 valuation. Reuters, in coverage carried by Euronext, later reported that a July 2026 secondary sale was being conducted at a reported $115 billion valuation. That later figure should be described as a reported transaction valuation, not as a public-market capitalisation or a guarantee that every share could be sold at that price.
Private-company valuations are event-specific. A later transaction can reset the reference price, while the price available to an individual employee may depend on eligibility, the sale terms, taxes, transfer restrictions and whether a buyer is available.
Quick Recap
What the valuation does—and does not—tell you
- It shows the price investors in that private sale were willing to pay for Revolut equity.
- It reflects investor expectations about growth, profitability, customer scale and international expansion, alongside the risks attached to those expectations.
- It does not mean Revolut had $75 billion in cash, revenue or assets.
- It does not establish a public share price, because Revolut was not being valued through an exchange listing in that transaction.
- It does not reveal the exact amount of proceeds received by selling employees or other holders.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
