---
title: "Revolut revenue and valuation"
description: "Revolut's revenue is estimated at $4.2B–$8.13B, last reported at $6B. Valued at $115B after raising $1.86B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/revolut.md
canonical_url: https://www.tryspecter.com/revenue-valuation/revolut
publisher: Specter
last_updated: 2026-11-01
---

# Revolut revenue and valuation

Specter estimates Revolut's annual revenue at $4.2B to $8.13B and its valuation at $95.7B to $138B. The company last reported $6B revenue in December 2025 and was priced at $115B in July 2026.

Revolut provides mobile banking, cards, international transfers, currency exchange, and investing.

- Estimated revenue: $4.2B to $8.13B (October 2026)
- Estimated valuation: $95.7B to $138B (October 2026)
- Last reported revenue: $6B (December 2025)
- Total funding: $1.86B
- Founded: 2015
- Headquarters: London, United Kingdom
- Employees: 20,814
- Sector: Fintech
- Specter Rank: #1,317

## Revolut revenue

Revolut grew from $4B revenue in December 2024 to $6B in December 2025. Specter's model puts current revenue between $4.2B and $8.13B, anchored to eight reported figures.

| Reported figure | Date | Source |
| --- | --- | --- |
| $6B revenue | December 2025 | [Revolut lands full Australian banking licence, the first global fintech to do so, marking its first banking entity in APAC](https://techfundingnews.com/revolut-australia-adi-licence-bank-launch/) (techfundingnews.com) |
| $5.63B revenue | December 2025 | [Revolut is offering every employee GBP1,000 to sell business banking. The real prize is a $200 billion IPO.](https://thenextweb.com/news/revolut-business-banking-b2b-storonsky-growth) (thenextweb.com) |
| $6.05B revenue | December 2025 | [This is how Revolut made money, looking at its 2025 Annual Report (USD)](https://x.com/maxkarpis/status/2036371127644111116) (x.com) |
| $5.71B revenue | December 2025 | [Revolut Cashes in on Subscription Surge to Post Rise in Revenue](https://www.bloomberg.com/news/newsletters/2026-03-24/revenue-surges-at-london-fintech-revolut-on-more-customers-and-subscriptions) (bloomberg.com) |
| $4.3B revenue | December 2024 | [NEWS: Revolut disclosed to investors £1.01 B ($1.4 B) in revenue for Q3 2025, up by 46% from £694M YoY, Bloomberg has reported.](https://x.com/maxkarpis/status/1967937656681271573) (x.com) |
| $3.96B revenue | December 2024 | [Revolut earned a net profit of 23 billion, gained 15 million clients worldwide last year](https://cc.cz/revolut-vydelal-v-cistem-23-miliard-po-svete-mu-loni-pribylo-15-milionu-klientu/) (cc.cz) |
| $3.97B revenue | December 2024 | [Annual Report 2024: Revolut reaches 3.7 billion euros in revenue](https://www.businessinsider.de/gruenderszene/business/geschaeftsbericht-2024-revolut-auf-dem-weg-zur-allrounder-finanz-app/) (businessinsider.de) |
| $4B revenue | December 2024 | [Revolut's net profit more than doubled to $1 billion in 2024](https://dev.ua/news/prybutok-revolut-1745508784) (dev.ua) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $5.85B | $4.2B | $8.13B |
| September 2026 | $5.66B | $3.99B | $8.02B |
| August 2026 | $6.57B | $4.33B | $9.96B |
| July 2026 | $5.81B | $3.99B | $8.45B |
| June 2026 | $5.63B | $4.05B | $7.81B |
| May 2026 | $6.12B | $4.34B | $8.63B |
| April 2026 | $5.64B | $4.24B | $7.52B |
| March 2026 | $5.47B | $4.2B | $7.11B |
| February 2026 | $5.51B | $4.37B | $6.95B |
| January 2026 | $5.97B | $4.82B | $7.38B |
| December 2025 | $5.73B | $4.77B | $6.89B |
| November 2025 | $5.56B | $3.42B | $9.04B |
| October 2025 | $5.39B | $3.5B | $8.31B |
| September 2025 | $5.23B | $3.64B | $7.53B |
| August 2025 | $5.08B | $3.58B | $7.19B |
| July 2025 | $4.93B | $3.54B | $6.85B |
| June 2025 | $4.78B | $3.44B | $6.63B |
| May 2025 | $4.64B | $3.47B | $6.19B |
| April 2025 | $4.5B | $3.45B | $5.87B |
| March 2025 | $4.36B | $3.36B | $5.67B |
| February 2025 | $4.23B | $3.37B | $5.32B |
| January 2025 | $4.11B | $3.34B | $5.05B |
| December 2024 | $3.98B | $3.31B | $4.79B |
| November 2024 | $3.98B | $3.24B | $4.91B |
| October 2024 | $3.98B | $3.17B | $5.01B |
| September 2024 | $3.98B | $3.09B | $5.13B |
| August 2024 | $3.58B | $1.69B | $5.48B |
| July 2024 | $3.58B | $1.79B | $5.38B |
| June 2024 | $3.58B | $1.79B | $5.38B |

## Revolut valuation

Revolut's valuation rose from $57.1M at its Seed in July 2016 to $33B at its Series E in July 2021. A July 2026 secondary sale priced it at $115B. Specter's live estimate sits between $95.7B and $138B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $115B | $95.7B | $138B |
| September 2026 | $115B | $87B | $152B |
| August 2026 | $115B | $91.5B | $145B |
| July 2026 | $115B | $95.7B | $138B |
| June 2026 | $108B | $70.1B | $167B |
| May 2026 | $102B | $68.5B | $151B |
| April 2026 | $95.8B | $69.5B | $132B |
| March 2026 | $90.1B | $68.2B | $119B |
| February 2026 | $84.7B | $65.9B | $109B |
| January 2026 | $79.7B | $64B | $99.3B |
| December 2025 | $75B | $62.4B | $90.2B |
| November 2025 | $75B | $62.4B | $90.2B |
| October 2025 | $75B | $62.4B | $90.2B |
| September 2025 | $75B | $62.4B | $90.2B |
| August 2025 | $69.8B | $55.9B | $87.2B |
| July 2025 | $65B | $54.1B | $78.2B |
| June 2025 | $62.9B | $37.6B | $105B |
| May 2025 | $60.8B | $38B | $97.4B |
| April 2025 | $58.8B | $38.9B | $88.8B |
| March 2025 | $56.9B | $37.9B | $85.2B |
| February 2025 | $55B | $39.4B | $76.8B |
| January 2025 | $53.2B | $37.6B | $75.3B |
| December 2024 | $51.4B | $36B | $73.5B |
| November 2024 | $49.8B | $36.3B | $68.1B |
| October 2024 | $48.1B | $36.6B | $63.2B |
| September 2024 | $46.5B | $36.9B | $58.7B |
| August 2024 | $45B | $37.4B | $54.1B |
| July 2024 | $43.5B | $29.9B | $63.2B |
| June 2024 | $42B | $29.8B | $59.3B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $115B | November 2026 | [startupitalia.eu](https://startupitalia.eu/economy/hacker-revolut-chiude-round-ma-non-comunica-limporto/) |
| $115B | July 2026 | Funding round |
| $75B | December 2025 | [cincodias.elpais.com](https://cincodias.elpais.com/companias/2025-12-01/revolut-no-informo-a-los-reguladores-britanicos-que-su-ceo-habia-cambiado-su-residencia-a-emiratos-arabes-segun-el-ft.html) |
| $75B | November 2025 | Funding round |
| $75B | October 2025 | [techfundingnews.com](https://techfundingnews.com/revolut-3b-funding-round-75b-valuation/) |
| $75B | September 2025 | [cincodias.elpais.com](https://cincodias.elpais.com/companias/2025-09-01/cuanto-vale-revolut-una-colocacion-privada-tasa-al-neobanco-por-encima-de-caixabank.html) |
| $65B | July 2025 | [techfundingnews.com](https://techfundingnews.com/mubadala-100m-investment-revolut-fintech-valuation-33b/) |
| $45B | August 2024 | Funding round |
| $33B | November 2023 | [frenchweb.fr](https://www.frenchweb.fr/revolut-elon-musk-wingcopter-lyft-les-infos-a-ne-pas-manquer/442830) |
| $33B | July 2021 | Funding round |
| $5.5B | July 2020 | Funding round |
| $5.5B | February 2020 | Funding round |
| $1.7B | July 2018 | [forbes.at](https://www.forbes.at/artikel/nikolay-storonsky-10x) |
| $1.7B | April 2018 | Funding round |
| $57.1M | July 2016 | Funding round |

## Revolut funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 22 Jul 2026 | Secondary | Undisclosed | $115B | Durable Capital Partners |
| 24 Nov 2025 | Secondary | Undisclosed | $75B | Fidelity, Dragoneer Investment Group, Greenoaks, Coatue |
| 20 Feb 2025 | Funding round | $10M | Undisclosed | Undisclosed |
| 31 Jan 2025 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 16 Aug 2024 | Secondary | Undisclosed | $45B | D1 Capital Partners, Tiger Global Management, Coatue |
| 10 Apr 2024 | Funding round | $110M | Undisclosed | Undisclosed |
| 12 Aug 2021 | Venture round | $13.7M | Undisclosed | Woodford Investment Management |
| 11 Aug 2021 | Secondary | $5.47M | Undisclosed | Manhattan Venture Partners (MVP) |
| 15 Jul 2021 | Series E | $800M | $33B | SoftBank Vision Fund, Tiger Global Management |
| 1 Jan 2021 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 24 Jul 2020 | Series D | $80M | $5.5B | TSG Consumer Partners |
| 30 Apr 2020 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 17 Feb 2020 | Series D | $500M | $5.5B | TCV |
| 27 Mar 2019 | Non-equity assistance | Undisclosed | Undisclosed | Future Fifty |
| 31 Jan 2019 | Venture round | Undisclosed | Undisclosed | Undisclosed |
| 26 Apr 2018 | Series C | $250M | $1.7B | DST Global |
| 21 Aug 2017 | Equity crowdfunding | $4.91M | Undisclosed | Undisclosed |
| 11 Jul 2017 | Series B | $66M | Undisclosed | Index Ventures |
| 8 Jun 2017 | Debt financing | Undisclosed | Undisclosed | TriplePoint Capital |
| 20 Jul 2016 | Seed | $1.34M | $57.1M | Undisclosed |
| 14 Jul 2016 | Series A | $8.8M | Undisclosed | Balderton Capital |
| 4 Feb 2016 | Seed | $4.8M | Undisclosed | Index Ventures |
| 20 Jul 2015 | Seed | $2.3M | Undisclosed | Balderton Capital |
| 12 Apr 2015 | Pre-Seed | Undisclosed | Undisclosed | Undisclosed |
| 28 Jun 2014 | Seed | $500K | Undisclosed | Undisclosed |

## Revolut vs competitors

The digital banking market splits between specialized service providers and platforms chasing all-in-one super app status.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Revolut | $4.2B–$8.13B | $95.7B–$138B |
| Monzo (monzo.com) | $1.58B–$3.11B | $9.87B–$11.6B |
| N26 (n26.com) | $450M–$910M | $7.01B–$12.8B |
| Wise (wise.com) | $2.15B–$3.25B | $6.1B–$19.4B |
| bunq (bunq.com) | $122M–$330M | $700M–$1.58B |

## Questions

### What is Revolut's revenue?

Specter estimates Revolut's annual revenue at $4.2B to $8.13B as of October 2026. Revolut last reported $6B revenue in December 2025, up from $4B in December 2024.

### What is Revolut's valuation?

Revolut's latest post-money valuation is $115B, from a July 2026 secondary sale. Its last primary round was an $800M Series E at $33B in July 2021, led by SoftBank Vision Fund and Tiger Global Management. Specter's live estimate is $95.7B to $138B.

### What is Revolut's revenue multiple?

Revolut is valued at about 19.2× revenue, based on its $115B July 2026 valuation and $6B last reported revenue. That works out to roughly $288K of revenue per employee.

### How much funding has Revolut raised?

$1.86B across 25 rounds, from a $500K Seed in June 2014 to a Secondary in July 2026.

### Who invested in Revolut?

76 investors, including Coatue, D1 Capital Partners, Dragoneer Investment Group, Durable Capital Partners, Fidelity and Greenoaks.

### Who are Revolut's competitors?

Monzo, N26, Wise and bunq. Specter ranks 30 competitors for Revolut.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Revolut revenue and valuation." tryspecter.com/revenue-valuation/revolut. Updated November 2026.