Revolut Completes Secondary Share Sale at $75 Billion Valuation, Backed by Nvidia and Andreessen Horowitz
Revolut finalised a secondary share sale on 24 November 2025 that valued the company at $75 billion — a 67% increase from its $45 billion valuation in a similar employee liquidity round in August 2024, and cementing Revolut’s position as Europe’s most valuable private technology company.
The Deal
| Detail | Value |
|---|---|
| Valuation | $75 billion |
| Deal type | Secondary share sale (employee liquidity) |
| Lead investors | Coatue, Greenoaks, Dragoneer, Fidelity |
| Notable participants | Andreessen Horowitz, Franklin Templeton, NVentures (Nvidia) |
| Primary share in this round | No — existing shares only |
Nvidia’s venture arm (NVentures) joining the investor list signalled Revolut’s emerging AI ambitions — the company had begun rolling out AI-powered fraud detection, personalised financial insights, and an AI assistant (“Revolut AI”) in its app through 2025.
2024 Financial Performance
Revolut also disclosed preliminary 2024 financial results alongside the secondary:
| Metric | 2024 | 2023 | Change |
|---|---|---|---|
| Revenue | $4.0B | $2.3B | +72% |
| Profit before tax | $1.4B | $545M | +157% |
| Customers | 65M+ | 45M | +44% |
The profitability growth rate — profit more than doubling in a single year — was the standout figure for analysts, removing any remaining questions about Revolut’s fundamental unit economics.
Road to IPO?
With a $75 billion valuation and two consecutive profitable years, Revolut is widely expected to pursue an IPO in 2026 or 2027. The London Stock Exchange has been reported as a preferred venue, though New York has also been discussed. A UK banking licence (awaited since the 2024 provisional approval) would materially strengthen an IPO narrative.