Overview
- A secondary employee share sale priced Revolut shares at $2,017 each and established a $115 billion private valuation that did not raise new capital for the company.
- The secondary sale, which took place on Wednesday, July 22, let employees and other existing shareholders sell stock to outside buyers with the transaction size and buyer list undisclosed.
- Revolut’s elevated price rests on strong 2025 results, including roughly $6 billion of revenue, $2.3 billion in pre-tax profit, and more than 75 million customers.
- Regulatory wins — a full UK banking licence, EU MiCA crypto authorisation and ongoing U.S. national bank charter pursuit — underpin the growth case behind the private valuation.
- Analysts warn the private benchmark uses high earnings multiples and that public markets will test that premium when Revolut eventually seeks an IPO and broader U.S. expansion.