Revolut Hits $115 Billion Valuation as It Becomes the First Global Fintech with an Australian Banking Licence
July 22, 2026 – 3:41 pm
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TL;DR
Revolut has achieved a secondary share sale valuation of $115 billion, up 53 percent from $75 billion in November 2025. This makes Revolut the most valuable private fintech company globally, surpassing Stripe and many publicly traded European banks. Alongside this achievement, Revolut secured Australia’s first full fintech banking licence from the Australian Prudential Regulation Authority (APRA).
Key Points:
- Secondary Share Sale: Priced at $2,017 per share, marking a 53% jump from November 2025.
- Valuation: Reaches $115 billion, surpassing Stripe and many publicly traded European banks.
- Australian Licence: First global fintech to obtain a full, unrestricted Authorised Deposit-Taking Institution (ADI) licence in Australia.
- Investment Plans: Revolut plans to invest AUD$400 million in Australia over the next five years.
- Leadership: The secondary sale was led by returning investors and notable firms like Coatue, Greenoaks, Dragoneer, Fidelity, Andreessen Horowitz, Franklin Templeton, T Rowe Price, and Nvidia’s venture arm NVentures.
- Shareholder Benefits: CEO Nik Storonsky’s personal stake could be valued at over $36 billion.
- Financial Performance: Revenue grew 46% YoY to nearly £4.5 billion in 2025, with pre-tax profit up 57%. Projected revenue of $9 billion and net profit of $3.5 billion for 2026.
- Future Goals: Revolut aims for an IPO in the US within two years, aiming for a valuation of at least $150 billion.
- Business Banking Focus: Prioritizing entry into business banking to justify its lofty valuation.