Revolut starts employee share sale at $2,017 per share, valuing it at $115B
- Valuation
- $115B
- Place in VP50
- #12
- Sources
- 3
- Claims verified
- 6 of 6
What happened
On 22 July 2026 Revolut confirmed that a secondary share sale was underway at $2,017 per share, a price that values the company at $115 billion. Bloomberg first reported the price, citing an internal message to staff. A Revolut spokesperson confirmed the sale to Reuters but declined to comment on its details, according to the Reuters report carried on Euronext Live, and the company said it would provide an update once the sale was complete.
CoinDesk, citing the Wall Street Journal, reported that the price came from an internal message from chief executive Nik Storonsky, and that the transaction let employees and other existing shareholders sell stock rather than raising new capital for Revolut. The size of the sale was not disclosed; media reports in June said Revolut aimed to sell at least $750 million worth of shares. The previous mark was $75 billion, set in a share sale in November 2025, and CoinDesk said the new valuation was up 53% in less than a year. CoinDesk also reported 2025 revenue of $6 billion and pre-tax profit of $2.3 billion.
Key points
- Revolut's secondary share sale priced shares at $2,017, valuing the company at $115 billion.123
- A Revolut spokesperson confirmed to Reuters that the sale was underway and declined to discuss details.2
- CoinDesk reported that employees and other existing shareholders were selling and Revolut was raising no new capital.3
- The size was not disclosed; June media reports said Revolut aimed to sell at least $750 million in shares.23
- The previous mark was $75 billion, from a share sale in November 2025.23
Why it matters
Per CoinDesk, employees and existing shareholders are the sellers, so the sale gives holders a route to liquidity in a private company before any listing.
$2,017 per share sits against the $75 billion mark of November 2025. The size is undisclosed, so the sources do not show how many shares changed hands at that price.
CoinDesk reported 2025 revenue of $6 billion and pre-tax profit of $2.3 billion, the operating figures the $115 billion valuation sits against.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Apr 26, 2018 | $1.7B | $250M | DST Global |
| Series D | Feb 24, 2020 | $5.5B | $500M | TCV |
| Series D extension | Jul 24, 2020 | $5.5B | $80M | Unknown |
| Series E | Jul 15, 2021 | $33B | $800M | SoftBank Vision Fund 2 and Tiger Global Management |
Updated
Fact-check
- The sale prices shares at $2,017 and values Revolut at $115 billion.Confirmed by [2] Euronext Live (Reuters) and [3] CoinDesk: both give $2,017 per share and $115 billion. [1] Bloomberg was blocked for the checker; [2] says Bloomberg first reported it, citing an internal message to staff.Verified
- A Revolut spokesperson confirmed to Reuters on 22 July 2026 that the sale was underway, declined to comment on details and said the company would update once it was complete.Confirmed by [2] Euronext Live, dated Wednesday 22 July 2026. The Reuters original could not be read.Verified
- Employees and existing shareholders sell, and Revolut raises no new capital.Confirmed by [3] CoinDesk: the transaction allows employees and other existing shareholders to sell stock rather than raising new capital.Verified
- The sale size is not disclosed; June reports said at least $750 million was targeted.Confirmed by [3] CoinDesk (size not disclosed) and [2] Euronext Live (June reports of at least $750 million worth of shares).Verified
- The previous valuation was $75 billion, from a November 2025 share sale, and the new valuation is up 53% in less than a year.Confirmed by [2] Euronext Live ($75 billion share sale in November of last year) and [3] CoinDesk (November last year; up 53% in less than a year).Verified
- Revolut reported 2025 revenue of $6 billion and pre-tax profit of $2.3 billion.Confirmed by [3] CoinDesk: $2.3 billion in pre-tax profit for 2025 as revenue rose to $6 billion.Verified
Sources
- [1]Bloomberg (opens in a new tab)Revolut Confirms $115 Billion Valuation in Latest Share SaleThat secondary sale will value each share at $2,017, according to an internal message to staff on Wednesday.
- [2]Euronext Live (opens in a new tab)Revolut starts share sale at $115 billion valuation, source saysRevolut's secondary share sale is underway, a spokesperson confirmed to Reuters on Wednesday.
- [3]CoinDesk (citing WSJ) (opens in a new tab)Revolut hits $115 billion valuation in employee share sale: WSJThe transaction allows employees and other existing shareholders to sell stock rather than raising new capital for Revolut.
