Revolut hits $115 billion valuation in employee share sale

Revolut has achieved a remarkable $115 billion valuation following a secondary share sale for its employees, solidifying its position as Europe's most valuable private technology company. This latest internal tender offer, as reported by The Wall Street Journal, allows staff to cash out their equity at a premium, representing a 50 percent increase over the firm's previous $75 billion mark established in November. The surge underscores the London-based fintech giant’s aggressive growth and resilience amid wider market challenges.

The new share price, roughly $2,017, was confirmed in an internal memo from CEO Nik Storonsky. With this valuation, the digital challenger bank surpasses traditional lenders such as Barclays, which has a market capitalization of roughly $95 billion. The valuation is driven by strong financial performance, with the company reporting $2.3 billion in pre-tax profits and a 46 percent increase in revenue, reaching $6 billion for the 2025 fiscal year.

This milestone follows a significant regulatory win for Revolut, which secured a long-awaited banking license in the United Kingdom and applied for a national charter in the United States. These steps are crucial for the company’s expansion and preparations for a potential future IPO.