Revolut completes share sale, valuation reaches $115 billion
Nov 4, 17:27
November 4 — UK fintech company Revolut completed a share sale at a valuation of $115 billion, approximately 53% higher than the $75 billion valuation in November 2025 and about 50 times its 2025 pre-tax profit of $2.3 billion. The round was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, and Baillie Gifford, with participation from both existing investors and new global investors.
CEO Nik Storonsky posted that Revolut's customers have exceeded 80 million, with the next target being 100 million. Since early 2026, the company has launched banking services in the UK, Mexico, Australia, and New Zealand, obtained licenses in France, Colombia, and Argentina, and is next targeting the US.