Revolut Closes Secondary Sale at $115 Billion Valuation, Europe's Highest for a Private Tech Company
Revolut Closes Secondary Sale at $115 Billion Valuation, Europe’s Highest for a Private Tech Company #
Revolut has confirmed a $115 billion valuation after completing a secondary share sale, its highest to date and 53% above the $75 billion figure from a comparable transaction in November 2025. The deal makes Revolut the most valuable private technology company in Europe.
According to the company’s announcement, the transaction was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, and Baillie Gifford, with participation from both existing and new global investors. The company did not disclose the total size of the deal, and shares reportedly changed hands at roughly $2,017 each.
Unlike a primary funding round, the secondary sale did not bring fresh capital into Revolut. It was structured instead to give liquidity to employees and early investors looking to realise gains on their holdings. Revolut has used secondary transactions as a recurring mechanism for price discovery ahead of an eventual public market debut, which management has indicated will not happen before 2028.
The valuation milestone triggered share-award clauses for chief executive Nik Storonsky, bringing his paper stake to more than $36 billion. Storonsky co-founded Revolut in 2015 alongside Vlad Yatsenko.
The deal follows a period of rapid geographical and regulatory expansion. Revolut has launched banking operations in the UK, Mexico, Australia, and New Zealand this year, while securing banking licences in France, Colombia, and Argentina. The company also received conditional approval from the US Office of the Comptroller of the Currency for a national bank charter.
Revolut’s financial results have kept pace with that expansion. For 2025, the company reported revenue of $6 billion, a 46% year-on-year increase, with pre-tax profit up 57% to $2.3 billion, for a pre-tax margin of 38%. The company serves more than 80 million retail customers worldwide.
The valuation places Revolut above other high-profile European private fintechs. The company has been building toward a full-service banking model, putting it in more direct competition with established incumbent banks.
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