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Revolut’s valuation jumps 53% to $115B in new share sale as it prepares to launch US bank

Policy1 min read

Revolut, a British money app and bank, has been valued at $115 billion in a new share sale. The company is also preparing to launch a bank in the United States in 2027.

A higher price, but no new money

Investors finished a secondary share sale. This means existing shareholders sold some of their stock to new or current investors. The sale values Revolut at $115 billion, which is 53% more than its value in a share sale one year ago. Revolut did not get any new money from this deal, and it did not say how much stock was sold.

Key numbers

  • Valuation: $115 billion, up 53% from a year ago
  • Customers: more than 80 million people in over 40 countries
  • 2025 revenue: about $6 billion, with profit margins of 38%
  • Business banking: about 20% of Revolut's gross profit
  • Business customers: over 800,000, with a goal of 1 million by 2027

From money transfers to a full bank

Nik Storonsky and Vlad Yatsenko started Revolut in 2015 as a money-transfer app. It has grown into a financial services company. It now runs banks in Europe, the U.K., Mexico, Australia and New Zealand. It also has licenses in France, Colombia and Argentina, and has started offering services in India. Its business banking arm, started in 2017, is now a big source of profit.

Why it matters

Revolut's rising value shows that investors believe it can keep growing and making money. Its plan to open a U.S. national bank, if final approval comes, would give it a bigger place in the American market. The company is also weighing a stock market listing. A public listing could reportedly value it at $200 billion, but this would not happen before 2028.

What to watch

  • Final approval for the U.S. national bank, planned for the first half of 2027
  • Whether Revolut expands business banking to Mexico, Brazil and India
  • Progress toward 1 million business customers by 2027
  • Whether Revolut chooses a U.S. or dual listing, and when an IPO happens

Glossary

Valuation
The estimated total worth of a company, based on what investors are willing to pay.
IPO
Initial public offering, when a private company first sells shares to the public on a stock market.

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