Revolut completed a share-sale process that established a $115 billion valuation, up 53% from the $75 billion valuation set in its previous share sale. Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford led the transaction. The company said the process included existing and new investors and gave employees an opportunity to sell shares; outside reporting says it raised no new capital and that the number of shares sold was not disclosed. Revolut says it has more than 80 million retail customers and has received conditional approval from the OCC for a U.S. national bank charter. The company’s official announcement does not give a first-half 2027 launch date or confirm IPO timing.
Why it matters
The higher valuation reflects continued investor demand as Revolut expands its banking operations internationally and broadens beyond payments. Its U.S. charter process could create opportunities for financial-services integrations, but the timing and scope of a U.S. launch remain subject to regulatory and operational steps.
Key points
- The completed share-sale process established a $115 billion valuation, 53% above the $75 billion valuation from the prior sale.
- Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford led the transaction.
- The process included employee and other existing-shareholder liquidity; no new capital was raised, and the number of shares sold was not disclosed.
- Revolut says it has more than 80 million retail customers and has received conditional OCC approval for a U.S. national bank charter.
- The official announcement does not confirm a first-half 2027 U.S. launch or an IPO date; earlier reporting has placed any IPO no earlier than 2028.
Based on reporting by The original announcement and TechCrunch.
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