Cryptocurrency-friendly digital bank Revolut has been valued at $115 billion in a secondary stock sale, increasing the company’s valuation by 53% in less than a year.
The company valued its shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by the Wall Street Journal. The transaction allows employees and other existing shareholders to sell shares rather than raise new capital for Revolut.
The valuation more than doubles from $45 billion in 2024 and makes Revolut the most valuable private company in Europe, representing a major increase from the $75 billion valuation seen in November last year.
It also puts the company above rival banking giants like Barclays, which has a market value of around $95 billion, with the caveat that Revolut’s price is based on a private transaction the size of which has not been disclosed.
Revolut reported pre-tax profit of $2.3 billion for 2025, up 57%, while revenue rose 46% to $6 billion. Its customer base has since exceeded 75 million.
The company’s main app allows its users to trade over 200 crypto tokens, transfer assets to external wallets and stakes, while the company also runs its own standalone crypto exchange called Revolut X.
