Revolut’s valuation rises to $115 billion as it prepares to launch a U.S. bank
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On November 4, 2026, TechCrunch reported that Revolut completed a secondary share sale, raising the company’s valuation to $115 billion, up 53% from a year earlier. The transaction involved the sale of existing shares and did not provide the company with new funding. Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national bank and plans to launch banking services in the United States in the first half of 2027, but still needs to obtain final regulatory approval. Currently, Revolut Business covers Europe, the United Kingdom, Singapore, Australia, New Zealand, and the United States, processing more than £36 billion in transactions each month.
AI-written from reports · updated 1 hour ago
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- TechCrunch — FintechRevolut valuation jumps 53% to $115 billion, prepares to launch US bank in 2027
Revolut has completed a secondary share sale, lifting its valuation to $115 billion, up 53% from a year ago, and is preparing to launch a US bank in 2027. The sale did not bring new funds to the company; it has received conditional approval from the Office of the Comptroller of the Currency to establish a national bank, which it plans to launch in the first half of 2027, pending final regulatory approval. Revolut Business covers Europe, the UK, Singapore, Australia, New Zealand and the US, processing more than £36 billion in transactions each month.
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