Key Takeaways:
- Revolut launched a $75 billion secondary stock sale on September 1, allowing employees to sell up to 20% of their holdings.
- In 2024, Revolut’s revenue doubled to $4B with its first-ever $1B profit, serving over 50M global customers.
- Revolut continues to expand into cryptocurrency (Revolut X, stablecoin testing, Bitcoin Lightning) and banking (U.S. bank charter application).
One of Europe’s most sought-after and valuable fintech firms, Revolut, launched a secondary stock sale on September 1st, 2025, that valued the company at $75 billion, according to Bloomberg. This particular deal would allow employees to sell up to 20% of their interests, making it one of Europe’s largest private tech transactions to date.
The current transaction would value Revolut shares at $1,381 each. This secondary sale just came a year after a $45 billion secondary sale led by Coatue, D1 Capital Partners, and Tiger Global. In 2024, Revolut’s revenue doubled to $4 billion and achieved over $1 billion in profit for the first time since its inception.
Although Revolut’s new $75 billion valuation is still below Robinhood’s $91 billion and Coinbase’s $78 billion market capitalization, it demonstrates how it is swiftly closing the gap on established crypto trading behemoths.
The firm is serving over 50 million customers across the globe and expanding into different offerings such as payments, stock trading, and a developing cryptocurrency exchange.
Is Revolut’s Valuation Too High?
Currently, Revolut’s shares trade below $1,000 on the secondary market, such as Forge, indicating a discrepancy between the private and open-market demand. Revolut had earlier rejected offers valued at $60-65 billion.
Employees, on the other hand, benefit from the sale as it offers liquidity ahead of a prospective IPO in 2026, which is largely likely to take place in New York instead of London.
Global Expansion and Crypto Push by Revolut
The company is rapidly expanding into crypto and banking services. Revolut X, which is a dedicated cryptocurrency exchange app, was launched earlier this year and is testing a fiat-pegged stablecoin in Latin America. It is also working on obtaining a US bank charter, which would allow for nationwide lending.
According to Revolut’s annual letter, its wealth revenue jumped by 298% year-over-year (YoY), fueled by a surge in crypto trading activity across the market and the rollout of Revolut X, the company’s dedicated crypto exchange.
Revolut’s retail user base increased from 38 million in 2023 to over 50 million in 2024, laying a solid platform for the company’s further expansion of crypto offerings. At the same time, Revolut has built advanced fraud-protection tools for crypto payments and integrated “Bitcoin Lightning” for faster transactions in the UK and European Economic Area (EEA).
Conclusion
With this secondary sale, Revolut cements itself as one of Europe’s most valuable private tech firms, outpacing rivals like Stripe in valuation momentum. Investors are now watching closely to see if Revolut can sustain its growth and justify its premium valuation as it marches toward a highly anticipated IPO.
