Revolut employee share sale values fintech at $115bn

Revolut is conducting a secondary share sale for employees that values the fintech at $115 billion, marking a dramatic repricing of Europe’s most prominent private technology company. Internal messaging pegs the price of individual shares at $2,017 during the current transaction.

The company acknowledged the transaction but withheld specific financial details. "We can confirm that a secondary share sale process is underway. As is standard, we won't comment on the details while the process is ongoing, and we'll provide an update once it has completed," a Revolut spokesperson said.

The $115 billion figure represents a steep escalation from Revolut's recent private market history. The company executed a similar employee sale in November at a $75 billion valuation, which itself was a substantial climb from a $45 billion mark the prior year. Earlier reports had indicated the financial superapp was weighing a share sale in the second half of this year at a valuation around $100 billion.

For market professionals, the rapid upward trajectory highlights a stark divergence within the fintech sector. While many digital banks and payments groups have struggled to regain peak valuations, Revolut continues to attract premium pricing. The transaction also reflects ongoing liquidity dynamics in late-stage private markets, where major tech firms are using employee buyouts to establish new pricing benchmarks outside of a public listing.

The new valuation triggers significant financial consequences for Revolut's leadership. Cofounder and CEO Nik Storonsky is positioned to see his personal stake increase by 10% under an incentive agreement tied to company valuation targets. Meeting these milestones will elevate Storonsky to the ranks of the world's wealthiest individuals.

Strategically, the $115 billion valuation closes considerable ground on Revolut's long-term exit plans. The company has previously articulated a $200 billion target as the threshold for a potential initial public offering in 2028. For institutional investors, this secondary sale serves as a critical price discovery mechanism, effectively resetting expectations for what could eventually be one of the largest tech listings in European history.