Revolut hits $115 billion valuation in employee share sale: WSJ

The company reported strong 2025 performance, with a $2.3 billion pretax profit, $6 billion in revenue, and over 75 million customers.

Revolut hits $115 billion valuation in employee share sale: WSJ

Finance

Revolut hits $115 billion valuation in employee share sale: WSJ

The company reported strong 2025 performance, with a $2.3 billion pre-tax profit, $6 billion in revenue, and over 75 million customers.

By

Francisco Rodrigues

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Edited by

Jamie Crawley

Jul 22, 2026, 3:53 p.m.

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Revolut CEO Nikolay Storonsky (Stephen McCarthy/Web Summit via Sportsfile/Flickr)

Summary

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Revolut reached a $115 billion valuation in a secondary share sale, making it Europe’s most valuable private company.

The company reported strong 2025 performance, with a $2.3 billion pretax profit, $6 billion in revenue.

The company’s main app lets its users trade more than 200 crypto tokens, transfer assets to external wallets and stake holdings, while the firm also manages its own standalone crypto exchange called Revolut X.

Revolut recently secured a full U.K. banking license and is pursuing a U.S. national bank charter, with IPO valuation targets reaching $200 billion.

Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary share sale, lifting the company’s valuation by 53% in less than a year.

The company priced shares at $2,017 each, according to an internal message from CEO Nik Storonsky

reported by The Wall Street Journal

. The transaction allows employees and other existing shareholders to sell stock rather than raising new capital for Revolut.

The valuation has more than doubled from $45 billion in 2024 and makes Revolut Europe’s most valuable private company, representing a major rise from

the $75 billion valuation

seen in November last year.

It also puts the firm above rival banking giants like Barclays’ roughly $95 billion market value, though with the caveat that Revolut’s price is based on a private transaction whose size has not been disclosed.

Revolut

reported $2.3 billion in pre-tax profit for 2025

, up 57%, as revenue rose 46% to $6 billion. Its customer base has since passed 75 million.

The company’s main app lets its users trade more than 200 crypto tokens, transfer assets to external wallets and stake holdings, while the firm also manages its own standalone crypto exchange called Revolut X.

Revolut

secured a MiCA license

last year to offer crypto across the EU and last week, followed by a

full U.K. banking license

in March and has also

applied for a U.S. national bank charter

. It has also discussed seeking a valuation of as much as

$200 billion in a future IPO

.

The bank did not immediately respond to CoinDesk’s request for comment.

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Crypto Flows, Share and the Selective Rotation

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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

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