Revolut said on 4 November that it had completed a fundraising process valuing the business at $115 billion. It named Glade Brook Capital Partners, Coatue, Durable Capital Partners, accounts advised by T. Rowe Price, and Baillie Gifford among the investors.[1]
The company did not disclose the amount raised. The $115 billion figure is the transaction’s valuation of the business, rather than the cash proceeds or the regulatory capital available to any individual Revolut bank.[1]
Revolut linked the transaction to its expansion into additional banking markets and said its retail customer base had passed 80 million. Those figures describe the group’s scale; product availability and the entity holding a customer’s money continue to depend on the market concerned.[1]
The financial figures behind the announcement
Company-reported 2025 performance
| Measure | Reported amount | Change from 2024 |
|---|---|---|
| Revenue | $6.0 billion | Up 46% |
| Profit before tax | $2.3 billion | Up 57% |
| Pre-tax profit margin | About 38% | Based on reported rounded figures |
Profit before tax grew faster than revenue, leaving a margin of roughly 38% on the rounded figures supplied. That gives the valuation announcement a disclosed earnings context, although the release does not set out the terms needed to calculate how much new capital was issued or how any employee or existing-shareholder sales were structured.[1]
Revolut’s banking expansion increases the number of markets in which it operates through local regulated entities. The funding announcement concerns ownership and valuation at group level; country-specific banking approvals and product launches remain separate developments.[1]
Sources & further reading
- Revolut completes fundraising process establishing $115 billion valuation Revolut · 4 Nov 2026 · Accessed 4 Nov 2026