Revolut has reached a valuation of $75 billion following a secondary share sale, giving employees the opportunity to sell a portion of their holdings. The sharp increase, up from $45 billion last year, reflects strong investor appetite but leaves questions over the timing and location of a long-awaited initial public offering.
Secondary share sale underpins valuation
The latest transaction priced Revolut shares at more than $1,300 each, lifting the company’s estimated worth by nearly two-thirds. Staff and early investors have been given the option to sell up to 20 per cent of their stake, enabling long-serving employees to realise substantial payouts. The sale is expected to provide liquidity without altering the broader ownership structure.
Financial strength supports investor interest
Revolut’s financial performance has been central to its rising valuation. In 2024, the company’s profits more than doubled to exceed £1 billion, supported by expansion in subscriptions, wealth management services, cryptocurrency trading, interest income and card fees. This growth has placed Revolut among the world’s most highly valued private fintech companies and has bolstered confidence among investors despite global market headwinds.
IPO uncertainty and leadership gains
Although the valuation has strengthened Revolut’s profile, the path to a public listing remains uncertain. Chief executive Nik Storonsky has indicated a preference for a New York flotation, citing deeper capital markets and a supportive regulatory environment. Such a move would mark a setback for the UK government’s ambitions to attract high-growth fintech listings to London. Storonsky has already benefited from previous share sales and stands to secure a multibillion-dollar windfall should the valuation climb further.
Regulatory and banking ambitions
Revolut continues to face regulatory challenges. The company obtained partial UK banking approval in 2024, following a protracted process that examined compliance, accounting standards and corporate governance. Management remains committed to achieving full banking status, a step that would enable it to compete more directly with established lenders across its core markets.
Implications for fintech and capital markets
The employee share sale provides much-needed liquidity and reflects sustained confidence in Revolut’s long-term prospects. However, uncertainty around an IPO highlights the company’s cautious approach in volatile markets. A decision to list in New York would underline the global demand for fintech investments while raising further questions about London’s ability to retain its position as a leading financial centre.
REFH – Newshub, 2 September 2025
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