Revolut Completes Fundraising at $115bn Valuation

Revolut said yesterday that it has completed a fundraising process establishing a company valuation of $115bn. The process was led by five investors: Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, Inc. and Baillie Gifford. Revolut describes them as a mix of long-standing partners and new global investors.

The release gives no amount raised, no price per share and no sellers. Finance Magnates reported that it was a secondary share sale, where existing holders sell shares to incoming investors, giving liquidity to employees and existing shareholders rather than raising new capital. Revolut itself uses the term fundraising process, so whether fresh money arrived is not established.

Nik Storonsky, Revolut’s chief executive and founder, tied the process to staff ownership:

Every bank we launch means more people get a better way to manage their money, wherever they live. Our team makes that happen, and employee ownership has been central to our culture from day one. That’s why we’ve once again given them the chance to share in the value they’ve created, as we work towards our next milestone of serving 100 million customers.

Nik Storonsky, CEO & Founder, Revolut

The valuation follows a year of licensing activity. Since the start of 2026 Revolut has launched banks in the UK, Mexico, Australia and New Zealand, and secured banking licences in France, Colombia and Argentina. It also has conditional US charter approval from the Office of the Comptroller of the Currency (OCC), the federal regulator of national banks. Its European banking operations cover 30 markets in the European Economic Area (EEA).

The group is profitable. For 2025, revenue rose 46% to $6.0bn (£4.5bn) and pre-tax profit rose 57% to $2.3bn (£1.7bn), a pre-tax margin, profit as a share of revenue, of 38%. It serves over 80 million retail customers.

For brokers, payment service providers (firms that process payments for merchants) and other fintech operators, the competitor is now a bank-licensed, profitable group that investors have valued at $115bn.

Its long-term goal is more than 100 million active customers across more than 100 countries. Victor Stinga, Revolut’s chief financial officer, said the confidence of existing and new investors reflects the company’s opportunity to build the first truly global bank.

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