cryptobriefing.com
22 July 2026 16:29, UTC
British digital bank Revolut has launched a secondary share sale that values the company at $115 billion, up more than 50% from its previous valuation.
The company priced the transaction at $2,017 per share, according to an internal message sent to employees Wednesday by CEO Nik Storonsky and reviewed by The Wall Street Journal. Reuters separately confirmed that the secondary sale is underway.
The transaction allows employees and other existing shareholders to sell part of their holdings without Revolut issuing new shares. The company was previously valued at $75 billion following a secondary share sale completed in November 2025.
The new valuation strengthens Revolut’s position as Europe’s most valuable startup and places it above Barclays, which has a market capitalization of roughly $95 billion. It also puts Revolut among a small group of private companies valued above $100 billion.
The valuation increase follows Revolut’s transition into a fully licensed UK bank in March. The approval allows the company to expand protected deposit accounts and introduce lending products such as loans and overdrafts at scale.
Revolut reported $4 billion in revenue for 2024, up 72% from the previous year, while profit before tax increased 149% to $1.4 billion. The company had surpassed 65 million customers by late 2025 and has since expanded its customer base beyond 70 million.
