Revolut has completed a secondary share sale that values the London fintech at $115 billion, making it Europe's most valuable private technology company.

The company confirmed the deal on 4 November. Glade Brook Capital Partners, Coatue, Durable Capital Partners, Baillie Gifford and accounts advised by T. Rowe Price Associates led the sale, with existing and new investors joining.

The price is 53% higher than the $75 billion set in a similar sale in November 2025, and more than double the $45 billion valuation from 2024.

Did Revolut raise new money?

No new capital figure was disclosed. This was a secondary sale, meaning investors bought existing shares from current holders.

Employees were again offered the chance to sell part of their shares. Shares were priced at $2,017 each, according to Bloomberg.

Chief executive Nik Storonsky said employee ownership remains central to how Revolut grows, and that the sale lets staff benefit from the value they helped create.

How is Revolut performing?

Revolut reported revenue of $6 billion in 2025, up 46%, and pre-tax profit of $2.3 billion. That puts the new valuation at roughly 50 times last year's pre-tax profit.

Storonsky says the app now has more than 80 million customers. Writing on his LinkedIn page, he set 100 million as the next target.

Where does Revolut hold banking licences?

Revolut received a restricted UK banking licence in July 2024, and its UK bank launched in March 2026.

Since the start of 2026 it has also launched banks in Mexico, Australia and New Zealand, and secured licences in France, Colombia and Argentina. Reports say a US bank is planned for 2027.

Storonsky said every bank Revolut launches gives more people a better way to manage their money, wherever they live.

Is a Revolut IPO coming?

Not yet. Storonsky said in April that a listing was at least two years away, and in October that it would most likely happen in the US.

Reports suggest Revolut could target a valuation of $150 billion to $200 billion when it does list.

Who founded Revolut?

Storonsky co-founded Revolut in 2015 with Vlad Yatsenko. Yatsenko stepped down as chief technology officer in July and now sits on the board as a non-executive director.

What this means for UK founders

Revolut's rise shows that a UK fintech can stay private and still give staff real liquidity. Regular secondary sales have become its alternative to listing, and other late-stage UK companies are watching closely.

The bigger worry for UK founders is where the eventual IPO lands. If Revolut lists in New York, it adds to the debate about whether London can keep its biggest tech success stories.

For context on where Revolut sits, see Bizztor's top 100 UK startups and the latest UK fintech funding data. Smaller UK fintechs are still raising too, from Griffin's Series B to Seva Money's seed round this month.