Revolut valued at $115bn after secondary share sale
Business · First reported 4 Nov, 09:00 · Updated 09:28
Revolut says a sale of existing shares has valued it at $115 billion. The company did not disclose the amount raised or how many shares changed hands; the sale also gave employees and investors an opportunity to sell shares.
- Revolut confirmed a $115 billion valuation after completing a secondary share sale led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price and Baillie Gifford.
- The company did not disclose how much was raised or the number of shares sold; the reports describe the transaction as a sale of existing shares, not a new capital raise.
- Revolut has over 80 million customers, and the sale gave employees an opportunity to sell shares. The reports place its valuation at $75 billion in 2025 and $45 billion in 2024.
Summary written by Lux AI from 2 articles
Key facts
- Valuation
- $115 billion
- Sale type
- Secondary sale of existing shares
- Customers
- More than 80 million global retail customers
- Previous valuations
- $75 billion in 2025 and $45 billion in 2024
- Share price
- Around $2,017 per share
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Background
- An earlier Lux story reported that Revolut Bank New Zealand was registered, enabling the company to provide banking services there. [1419b1ba-7b0c-4ca1-9c82-155faa161d53]
- An earlier Lux story headline also linked Revolut’s $115 billion price tag with a series of licence wins. [cd0f3dec-d883-4396-90d8-62f4e1283ab5]
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Ownership
- Corporation 67% (2)
- Unknown 33% (1)
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