Fintech giant Revolut — chaired by Aberdeen dealmaker Martin Gilbert — has completed a major secondary share sale valuing the company at £57billion, putting it ahead of Barclays, Deutsche Bank and NatWest.
The sale was led by Coatue, Greenoaks, Dragoneer and Fidelity, with Nvidia’s venture arm NVentures also participating alongside Andreessen Horowitz, Franklin Templeton and T. Rowe Price.
The move, first reported by Daily Business, provides further liquidity for employees, marking the fifth time Revolut has enabled staff to sell shares through its ownership scheme.
Revolut now serves more than 65 million customers. Profit before tax rose to £1.1 billion last year, strengthening investor confidence in its ability to turn rapid user growth into sustainable earnings.
The company — founded by Nikolay Storonskiy and Vlad Yatsenko — continues to pursue a full UK banking licence, seen by analysts as key to boosting customer trust and allowing it to compete more directly with traditional banks.