Revolut’s latest secondary share sale on November 4, 2026, established a $115 billion valuation, a 53% increase from the $75 billion level set a year earlier, driven by audited 2025 results showing revenue of $6.0 billion (up 46%) and pre-tax profit of $2.3 billion (up 57%) with a 38% margin. Traders are pricing in continued momentum from bank launches across the UK, Mexico, Australia, and New Zealand this year, plus banking licenses secured in additional markets and conditional U.S. national bank charter approval from the OCC, with a planned launch in the first half of 2027. Market-implied odds reflect the company’s rapid customer growth beyond 80 million and its position as Europe’s most valuable private fintech, though an IPO targeting potentially $200 billion remains slated for 2028 or later depending on conditions.