Revolut’s valuation rockets to $75B after secondary share sale — TFN

Revolut, one of the UK’s most prominent fintech companies, has reached a $75 billion valuation following a secondary share sale, underscoring its position among Europe’s largest financial institutions. The deal allows employees to sell shares at a price significantly above the company’s last valuation of $45 billion, a source close to the transaction confirmed.

Revolut acknowledged that “an employee secondary share sale is currently in process” but declined to provide additional details until completion.

From startup to global fintech powerhouse

Founded in 2015, Revolut initially offered app-based currency exchange and international money transfers, quickly establishing itself as a disruptor in the consumer finance sector. The company has since expanded into a wide range of services, including savings accounts, trading, crypto, and business banking. Today, Revolut serves tens of millions of customers across multiple regions and has set a target of 100 million users in 100 countries.

The fintech’s rapid rise reflects a broader shift towards digital banking and mobile-first financial services, a trend accelerated by changing consumer habits and increasing competition with traditional banks.

Regulatory progress and Revolut’s ambitions to become a UK bank

A key milestone came last year when Revolut secured a UK banking licence “with restrictions” from the Prudential Regulation Authority (PRA). Full approval would mark a significant step in enabling the company to operate as an official bank in its domestic market, thereby strengthening its position as it competes directly with established lenders.

The licence process has been closely watched by investors and regulators alike, given Revolut’s size and ambitions. The company is seen as a potential challenger to long-standing European banking giants if it achieves its growth targets.

Financial growth amid scrutiny

Revolut continues to post strong financial results. In its latest full-year accounts, the company reported a net profit of £790 million ($1.1 billion), more than double the previous year, driven by a surge in customer numbers and increased uptake of its financial services.

At the same time, the company has faced scrutiny over compliance, particularly in relation to anti-fraud and anti-money laundering regulations. Questions around regulatory oversight have been raised in recent years as Revolut expands its global presence.

What this means for Revolut

The $75 billion valuation solidifies Revolut as one of the most valuable private fintech companies globally. The company has also been in discussions with investors about raising new funds, though no further details have been confirmed.

With fresh capital on the horizon, regulatory progress in the UK, and international expansion plans underway, Revolut’s trajectory highlights both the opportunities and challenges facing fintechs as they seek to redefine the global banking landscape.