TL;DR:
- Private Valuation: A secondary share sale completed in July valued the company at $115 billion, establishing the share price at $2,017.
- 2025 Financial Figures: The fintech posted annual revenues of $6 billion and pre-tax profit of $2.3 billion.
- User Base: The platform closed fiscal year 2025 with 68.3 million retail users and currently reports an international base exceeding 80 million clients.
Nik Storonsky, Chief Executive Officer of Revolut, confirmed this Thursday that the firm will prioritize an initial public offering in the United States. In doing so, Revolut sets sights on New York listing as it consolidates its expansion across the North American banking market.
The statement refines the corporate roadmap relative to prior assessments that contemplated a dual listing between New York and London. Market reports indicate that company leadership maintains the definitive market debut is targeted on a timeline of no less than one year.
The strategic focus coincides with an increase in the firm’s valuation across secondary markets.
The secondary share sale executed in July fixed the overall value at $115 billion, a figure that compares with the prior round pricing the firm at $75 billion. This transaction facilitated liquidity for existing shareholders without involving a direct capital raise for the entity’s corporate operations.
Reaching this mark establishes Revolut as Europe’s most valuable privately held fintech, surpassing several traditional European banking institutions by implied equity value.
Industry reporting connects investor appetite to corporate venture capital outside conventional banking, tracking a commitment of roughly $196 million attributed to Nvidia’s venture capital division during the first half of the current year.
Financial Results and Banking Charter Rollout
The growth in private valuation is supported by operational accounting metrics reported by the company.
During fiscal year 2025, the firm generated $6 billion in gross revenue, reflecting a 46% year-over-year increase. Concurrently, profit before tax stood at $2.3 billion, marking a 57% rise compared to the previous period.
Customer deposits and balances under custody reached $67.5 billion by the close of 2025, representing a 66% surge. In parallel, the retail user base finished that cycle at 68.3 million accounts, expanding past 80 million active users internationally according to company filings.
Market analysis notes that this operating profitability differentiates the company from other financial technology models that attained elevated private valuations prior to establishing sustainable positive margins.
The expansion of operations within U.S. territory underpins the lean toward New York exchanges.
In March, the institution submitted its formal application for a U.S. national bank charter. To date, the filing has received preliminary approval from competent federal banking regulators.
Official documentation indicates that full charter authorization will permit the company to underwrite credit products and issue direct loans without relying exclusively on third-party partner institutions.
This regulatory process follows the operational sequence completed in Europe, where the firm secured full banking license status in the United Kingdom in early 2026.
The execution of the public market debut remains contingent on the final resolution of the U.S. bank charter and the twelve-month planning horizon outlined by the executive board.
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