Digital bank Revolut valued at $115 billion

The new valuation is 53% higher than a year ago and makes Revolut one of the biggest privately held companies in the world

Revolut, a digital bank that deals in cryptocurrencies, has been valued at $115 billion as part of a secondary share sale.

The new valuation is 53% higher than a year ago and makes Revolut one of the biggest privately held companies in the world.

The digital bank priced its shares at $2,017 each. The transaction allows employees and other current shareholders to sell stock rather than raising new capital for Revolut.

The valuation has more than doubled from $45 billion in 2024 and makes London, England-based Revolut Europe’s most valuable private company.

Last November, Revolut was valued at $75 billion.

The latest valuation puts Revolut ahead of established banks such as Barclays, which has a $95 billion market capitalization.

The company’s app lets users trade more than 200 cryptocurrencies, including Bitcoin and Ethereum.

Revolut’s app also facilitates asset transfers to external wallets and allows people to stake their crypto holdings.

The company also manages a standalone crypto exchange called “Revolut X.”

Revolut reported $2.3 billion in pre-tax profits in 2025, up 57% from a year earlier. Revenue rose 46% to $6 billion last year. Its customer base is now above 75 million users.

The company secured a license last year that allows it to offer cryptocurrencies across the EU. It also has a full banking license in the U.K.

Revolut says it has applied for a national bank charter and hopes to be valued at $200 billion or more in a future initial public offering (IPO).

As a private company, Revolut’s stock does not currently trade on a public exchange.