Revolut has reached a private-market valuation of approximately US$115 billion, overtaking Brazil's Nubank as the world's most valuable fintech company.
The valuation was established through a secondary share sale in which employee shares were priced at US$2,017 each, according to The Rio Times.
The transaction underscores the continued premium investors place on Revolut's diversified revenue model, which spans digital banking, crypto services, and insurance.
The new valuation cap represents a significant milestone for the London-based platform, which has been navigating a complex regulatory landscape across Europe and the Middle East.
This development follows Revolut's recent expansion into the United Arab Emirates, where it secured approval from the Virtual Assets Regulatory Authority (VARA) to offer a comprehensive suite of crypto services, including broker-dealer and investment management options. The regulatory green light in Dubai is seen as a strategic move to diversify its geographic footprint beyond the UK and EU.
While the secondary sale provides a clear benchmark for the company's private value, it also highlights the gap between private valuations and public market realities.