Revolut valued at $115 billion after secondary share sale

British digital bank Revolut has reached a valuation of $115 billion through a secondary share sale, marking a 53% increase from its $75 billion valuation in November 2025. The transaction, confirmed on July 22, 2026, priced shares at $2,017 each and solidifies the company's position as Europe's most valuable private fintech, surpassing the market capitalization of traditional banking giants like Barclays. The sale allows existing shareholders and employees to liquidate portions of their stakes without the company issuing new equity.

The valuation leap follows a period of accelerated financial growth. Revolut reported revenue of nearly $6 billion in 2025, a 46% year-over-year increase, alongside a pretax profit of approximately $2.3 billion, which rose 57%. The company's global customer base now exceeds 75 million. Management has projected revenue of $9 billion and net profit of $3.5 billion for 2026.

This financial milestone coincides with a significant regulatory achievement. Revolut announced it had received a full authorized deposit-taking institution (ADI) licence from the Australian Prudential Regulation Authority (APRA), the first such unrestricted licence granted to a...