Revolut plans secondary share sale at $115B valuation

Revolut is eyeing a secondary share sale that would value the company at $115 billion, a figure that would place the UK-based digital bank in the same valuation neighborhood as some of the world’s largest traditional financial institutions.

The deal, first reported by Bloomberg, would represent a 53% leap from the $75 billion valuation Revolut secured during its November 2025 fundraising round. A formal process for the sale could begin as soon as this month, though conversations with potential investors are still in early stages.

From $75B to $115B in seven months

The company obtained its full UK banking license on March 11, 2026, a regulatory milestone that had been years in the making. It also has a US banking charter application underway, which would open the door to one of the world’s largest consumer banking markets.

Its customer base has swelled to more than 65 million users as of early 2026, accompanied by what the company describes as significant revenue and profit increases. The secondary share sale is designed to provide liquidity for employees and early investors without requiring Revolut to go through a full initial public offering.

The November 2025 round that established the $75 billion valuation attracted a roster of heavyweight investors. Coatue Management, Greenoaks Capital, Dragoneer Investment Group, Fidelity, NVentures (NVIDIA’s investment arm), and Andreessen Horowitz all participated.

The crypto connection

The company supports trading of more than 250 digital assets through its main app and its dedicated Revolut X exchange. Crypto services have played what the company characterizes as a substantial role in driving revenue growth, though this particular share sale isn’t directly tied to any specific digital asset or token.

What this means for investors

CEO and co-founder Nik Storonsky’s stake could exceed $36 billion based on internal share distributions, according to the reporting. That would make him one of the wealthiest fintech founders in the world.

Investors watching this space should pay close attention to whether the sale actually closes at the $115 billion mark or if price discovery during the process leads to adjustments. The gap between an “aimed-for” valuation and a completed transaction can be significant, and preliminary-stage discussions have a way of producing different numbers by the time checks are written.

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