Revolut Now Worth $115 Billion, Europe's Top Private Firm

Revolut, a popular digital banking app, is now valued at a massive $115 billion — making it the most valuable private company in Europe.

A private company is one that isn't listed on the stock market, so ordinary people can't buy its shares. Its value is decided in special deals between insiders instead of being set by public trading.

This new valuation came from a secondary share sale. This is when existing owners (like employees or early investors) sell their shares to others — instead of the company creating brand-new shares to raise fresh money. In this deal, each share was priced at $2,017.

Here are the key numbers:

• Valuation: $115 billion (up 53% in under a year)
• Previous values: $45 billion in 2024, then $75 billion in November
• 2025 profit before tax: $2.3 billion
• 2025 revenue (total money earned): $6 billion

To put this in perspective, Revolut is now worth more than Barclays, a major traditional bank valued at around $95 billion. However, remember Revolut's price comes from a private deal, not open market trading.

Revolut is very crypto-friendly. Its app lets users:

• Trade more than 200 crypto tokens (digital coins like Bitcoin)
• Send crypto to outside wallets (personal digital storage)
• Stake their holdings (lock up coins to earn rewards)

The company also runs its own crypto exchange called Revolut X.

Looking ahead, Revolut just won a full U.K. banking license (official permission to operate as a bank) and is seeking one in the U.S. too. It's also eyeing an IPO — an Initial Public Offering, where a company sells shares to the public for the first time — with a target value as high as $200 billion.

Bottom line: Revolut's rapid rise shows how fast digital banks and crypto services are growing, challenging older, traditional banks.

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/business/2026/07/22/revolut-hits-usd115-billion-valuation-in-employee-share-sale-wsj