Revolut confirmed on 24 November 2025 that it had completed a secondary share sale establishing a valuation of USD 75 billion for the UK-headquartered fintech, up from the USD 45 billion valuation recorded in a previous secondary transaction in August 2024. The sale was led by Coatue, Greenoaks, Dragoneer and Fidelity Management & Research, with participation from NVentures (NVIDIA's venture arm), Andreessen Horowitz, Franklin Templeton and T. Rowe Price, and was structured to provide existing shareholders with partial liquidity on their holdings without requiring a primary capital raise or a public listing.
The transaction allowed current employees to sell some of their shares, the fifth such liquidity event for staff. Revolut confirmed the completion in a press release published on its corporate website on 24 November 2025.
REVENUE AND PROFIT
Revenue rose 72% to USD 4 billion in 2024, with profit before tax up 149% to USD 1.4 billion. Revolut also reports a global customer base of more than 65 million retail customers.
The valuation step-up from USD 45 billion in August 2024 to USD 75 billion in November 2025 is a 67% increase over roughly 15 months.
UK BANKING LICENCE
The company received a UK banking licence with restrictions in July 2024 and, as of November 2025, remained in the mobilisation stage, still awaiting approval to operate as a full UK bank.
The November 2025 secondary sale does not raise primary capital for Revolut's operations. The company has not indicated a specific timetable for a public listing.