Revolut valued at $115 billion in latest share transaction

Revolut said its latest share transaction valued the fintech company at $115 billion, more than doubling its valuation in about two years and giving employees and existing investors an opportunity to sell shares. The company announced the valuation on Wednesday, November 4, 2026, and named Glade Brook Capital Partners, Coatue and Durable Capital Partners as transaction leaders, alongside T. Rowe Price and Baillie Gifford among the participants. The transaction’s structure and proceeds were not fully detailed. One account described it as a secondary share sale, in which existing shares change hands, and said Revolut did not disclose the total raised. That account also cited unnamed sources saying the sale brought no fresh capital to the company. Revolut’s announcement described a fundraising process but did not specify whether it injected new money. The valuation therefore reflects the reported transaction price, while the amount of any new capital remains unclear. Revolut said it has more than 80 million retail customers worldwide and is targeting 100 million active customers across more than 100 countries. Chief Executive Nik Storonsky said employees had again been given the...