Revolut's valuation jumps to $115B in secondary sale, up 53% in 8 months
What's the deal? Revolut confirmed a $115 billion valuation through a new secondary share sale, up 53% from the $75 billion it commanded in November 2025. The deal raised no fresh capital, instead offering liquidity to early investors and employees, with shares changing hands at roughly $2,118 each.
What's the endgame? The London-based fintech, which serves more than 65 million users globally, is building toward becoming a full-service bank rather than a challenger app. Management has reiterated it will not pursue an IPO before 2028.
Why now? The jump follows key regulatory milestones. Revolut secured a UK banking licence and filed an application for a US banking charter — steps that push it closer to competing with the region's largest incumbent banks.
What it means for the founder: Reaching the $115 billion mark triggered share-award clauses for chief executive officer Nik StoronskyDealroom has a profile for this one. Try Dealroom →, pushing his stake past $36 billion on paper.
The signal: With no IPO planned until at least 2028, secondaries have become Revolut's mechanism for price discovery. The repeated markups position it as one of Europe's most valuable fintechs and raise the question of whether $115 billion is a ceiling or just the next checkpoint.
Read more: LinkedIn
Image credit: Revolut
