Revolut Valuation Reaches $115 Billion in Secondary Share Sale Amid U.S. Banking Expansion Plans
British fintech Revolut has seen its valuation surge 53% to $115 billion following a secondary share sale led by investors including Coatue, T. Rowe Price Associates, and Baillie Gifford. The transaction involved existing shares rather than raising new capital for the company. This valuation jump comes as Revolut prepares for significant international expansion, specifically targeting a U.S. national bank launch in the first half of 2027 following conditional approval from the Office of the Comptroller of the Currency. The company is demonstrating strong financial momentum, reporting $6 billion in revenue and 38% profit margins for 2025. While primarily known as a consumer app, Revolut's business banking division has become a major driver, contributing roughly 20% of gross profits and processing over £36 billion in monthly transactions. Looking ahead, the company is weighing potential public listings, with founder Nik Storonsky considering a primary U.S. listing that could value the firm as high as $200 billion by 2028.