Revolut Hits $115 Billion Valuation Following Secondary Share Sale
Revolut reached a $115 billion valuation and secured a landmark banking license in Australia as it prepares for a future US IPO.
Revolut reached a valuation of $115 billion on Wednesday after a secondary share sale priced shares at $2,017 each. This represents a 53 percent increase from the company's $75 billion valuation in November 2025, establishing the digital bank as the most valuable private fintech company globally. The sale was led by investors including Coatue, Greenoaks, Dragoneer, and Fidelity.
Simultaneously, the company expanded its regulatory reach by obtaining an authorised deposit-taking institution licence from the Australian Prudential Regulation Authority. This is the first full licence of its kind granted to a global fintech in Australia. Revolut intends to invest AUD$400 million in the Australian market over the next five years.
These developments follow the company's acquisition of a full UK banking licence in March 2026. Revolut is currently awaiting a US national bank charter. CEO Nikolay Storonsky has indicated that a US initial public offering is approximately two years away, with internal valuation targets for the IPO ranging between $150 billion and $200 billion.