Investors in Revolut have repriced the British fintech at $115 billion through a secondary share sale completed this week, a 53% step up in twelve months and a fresh peak for the company. Existing stock changed hands; no money was added to the balance sheet. Baillie Gifford, Coatue, Durable Capital Partners, Glade Brook Capital Partners and T. Rowe Price Associates drove the purchase. Executives declined to disclose share volumes.
Nik Storonsky and Vlad Yatsenko started it in 2015 as a cheap way to send money across borders. It now sells a deep stack of financial products to more than 80 million retail accounts across 41 countries. Banking operations run in Mexico, Australia, New Zealand and its British home market, with licences obtained in France, Colombia and Argentina this year. Conditional clearance from the Office of the Comptroller of the Currency puts an American charter within reach in the opening half of 2027. Revenue hit $6 billion in 2025 at a 38% margin, among the best of its peers.
The trading division, offered since 2017 and now led by James Gibson, contributes roughly one fifth of gross profit. It moves more than 36 billion pounds of payments monthly, more than 1 billion of them in America, brings in more than 950 million pounds of annualized income and holds deposits above 18 billion pounds. Gibson wants to add Mexico, Brazil and India to the business footprint and pass a million clients by 2027 from over 800,000 today.
An American listing could follow once conditions allow. Storonsky has weighed a dual listing with an American primary, and reported figures put a debut near a $200 billion valuation no earlier than 2028.
