London, UK – Revolut Ltd. is reportedly exploring a secondary share sale that could value the digital banking giant at an impressive $115 billion, according to sources familiar with the matter cited by Bloomberg. This potential valuation surge follows the company's recent acquisition of a UK bank license and its ongoing application for a banking charter in the United States. The move would allow early investors and employees to gain liquidity by selling their shares.
The proposed secondary sale marks a significant increase from Revolut's previous valuations, which stood at $75 billion in November 2025 and $45 billion in 2024. This consistent upward trend in private market valuations underscores the fintech's rapid growth and investor confidence. The company has increasingly relied on such transactions to bring in new investors and provide an exit for existing stakeholders without pursuing an immediate initial public offering (IPO).
Revolut secured a full UK banking license in March 2026, a crucial step that allows it to offer a broader range of regulated banking services, including deposit protection under the Financial Services Compensation Scheme (FSCS). This license is expected to bolster customer trust and enable the company to compete more directly with traditional banks in its home market. The firm has been actively expanding its global footprint, now operating with banking licenses in the European Union and several other countries.
In the United States, Revolut is actively pursuing a banking charter, a move that would significantly deepen its presence in the highly competitive American market. While the exact timeline for the US charter approval remains undisclosed, its successful acquisition would enable Revolut to offer a more comprehensive suite of financial products and services, including loans and credit cards, directly to US consumers. The company currently operates in the US through partnerships with licensed banks.
Revolut, co-founded by Nik Storonsky and Vlad Yatsenko, offers a wide array of financial services, including international money transfers, currency exchange, budgeting tools, and cryptocurrency trading. The company's strategy focuses on global expansion and diversifying its product offerings to become a comprehensive financial super app. This latest valuation indicates strong market belief in its business model and future growth trajectory, positioning it among the most valuable private fintech companies globally.
