# Revolut confirms a $115 billion valuation in a secondary share sale -- up 53% in twelve months -- as the London neobank posts $6 billion in 2025 revenue and $2.3 billion in pre-tax profit.
EUACC page: https://www.euacc.ai/briefing/pulse-23
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## Public content

**issue:** 23
**type:** pulse
**date range:** 5 Nov 2026
**tagline:** Revolut confirms a $115 billion valuation in a secondary share sale -- up 53% in twelve months -- as the London neobank posts $6 billion in 2025 revenue and $2.3 billion in pre-tax profit.
**published at:** 2026-11-05
**sections:** 
  -     **body:** **Revolut** confirmed on **4 November** that it has completed a secondary share sale valuing the London neobank at **$115 billion**, up **53%** from the **$75 billion** secondary run in November 2025. The round was led by **Glade Brook Capital Partners**, **Coatue**, **Durable Capital Partners**, accounts advised by **T. Rowe Price**, and **Baillie Gifford**. No new primary capital entered the business; the transaction provides liquidity for employees and existing shareholders.

The company reported **2025 revenue of $6 billion** and **pre-tax profit of $2.3 billion** -- a pre-tax margin of 38%. Founded in London in 2015, Revolut now operates across banking, trading, insurance, and business accounts in more than 50 markets. CEO **Nikolay Storonsky** has set a target of 100 million users by mid-2027.
    **emoji:** 💳
    **label:** REVOLUT $115 BILLION
    **heading:** Europe's most valuable startup confirms a record private valuation
  -     **body:** The Revolut milestone is not just a fintech record. It is a benchmark for what European companies can build. A startup founded in London in 2015 is now valued, by institutional buyers in a secondary market, at **$115 billion**.

**Revenue of $6 billion** and **pre-tax profit of $2.3 billion** at eleven years old -- a 38% pre-tax margin. The implied revenue multiple is approximately **19x** at profitability, a signal of the valuation frameworks institutional investors apply to European software at this stage.

**Action:** For founders building cross-border consumer or B2C software: the Revolut model was product-led, international from the start, and built from Europe. Speed of market expansion, not headquarters location, was the determining lever.
    **emoji:** 🔎
    **label:** WHY IT MATTERS
    **heading:** What a profitable $115 billion European company signals to founders

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