Revolut has officially confirmed a valuation of $115 billion following the completion of a secondary share sale. This transaction involved the sale of existing shares rather than the issuance of new capital. The round was led by a group of investors including Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price, and Baillie Gifford.
The secondary sale allowed existing employees and investors to sell their shares at a price of approximately $2,017 per share. This valuation reinforces Revolut's position as the most valuable private technology company in Europe. The company has seen its valuation more than double over the past two years, rising from $45 billion in 2024 to $75 billion last year.
Revolut currently serves over 80 million retail customers globally and has set a target to reach 100 million users. The company recently secured banking licenses in the UK and across Europe. According to management, the latest transaction supports the company's strategy to strengthen its digital banking services in core markets and expand its global presence.
