Revolut Valuation Soars 53% to $115B Before 2027 US Bank Launch

Summary

Revolut’s investors completed a secondary share sale by November 4, 2026, valuing the London fintech at $115 billion, 53% above its year-earlier sale valuation. Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford led the transaction, which raised no capital for Revolut; the amount sold was undisclosed. Founders Nik Storonsky and Vlad Yatsenko have expanded the 2015 money-transfer app into a platform serving more than 80 million retail customers in over 40 countries, with 2025 revenue of $6 billion and a 38% profit margin.

In 2026, Revolut launched banks in the U.K., Mexico, Australia and New Zealand, secured licenses in France, Colombia and Argentina, and began rolling out financial services in India. Conditional approval from the U.S. Office of the Comptroller of the Currency supports a planned national bank launch in the first half of 2027, pending final approval.

Revolut Business, launched in 2017 and available in Europe, the U.K., Singapore, Australia, New Zealand and the U.S., supplies about 20% of gross profit. The division, headed by company partner James Gibson, serves over 800,000 businesses, processes more than £36 billion, about $48.6 billion, monthly, including over £1 billion, around $1.35 billion, in the U.S., generates over £950 million, about $1.28 billion, in annualized revenue, and holds more than £18 billion, roughly $24.3 billion, in deposits. Nearly half of new U.S. customers are newly incorporated companies. Revolut targets 1 million business customers by 2027 and expansion into Mexico, Brazil and India, without a timetable. Storonsky is weighing a New York and London dual listing, prefers a primary U.S. listing, and could pursue a market-dependent IPO no earlier than 2028 at a reported $200 billion valuation.