Revolut priced shares at $2,017 each in a secondary sale that values the digital bank at $115 billion, a 53% jump in under a year and more than double the $45 billion figure from 2024. The deal lets employees and existing shareholders cash out rather than injecting fresh capital into the company.
CEO Nik Storonsky announced the price in an internal message first reported by The Wall Street Journal. The transaction size has not been disclosed, but the headline number already puts Revolut ahead of Barclays, whose market cap sits at roughly $95 billion. That comparison comes with an asterisk: Barclays is publicly traded, Revolut is not.
The numbers behind the headline
Revolut's 2025 financials make the valuation easier to defend. Pre-tax profit hit $2.3 billion, up 57% year on year, while revenue climbed 46% to $6 billion. The customer base crossed 75 million. For context, as recently as November 2025 the company was valued at $75 billion, meaning it added $40 billion in implied worth in roughly eight months.
The crypto side of the business is no small footnote. The main app supports trading in more than 200 tokens, lets users transfer assets to external wallets and stake holdings. On top of that, Revolut runs its own standalone exchange, Revolut X. The company picked up a MiCA license last year to serve crypto customers across the EU, followed by a full UK banking licence in March 2026, and has separately filed for a US national bank charter.
What investors and insiders are watching now
The private valuation ceiling is apparently not where management is aiming. Revolut has reportedly discussed targeting as much as $200 billion in a future IPO, which would put it in the same conversation as major global banks rather than just European fintech peers. No timeline for that listing has been confirmed publicly.
Revolut did not respond to a request for comment before publication.
This article is for informational purposes only and does not constitute financial advice or an investment recommendation.
