Revolut hits $115 billion valuation as it becomes the first global fintech with an Australian banking licence

https://media.thenextweb.com/2026/07/revolut-115-billion-valuation-australia-banking-licence.avif

TL;DR

Revolut hits $115 billion in a secondary sale, up 53 percent from $75 billion in November, and wins Australia’s first full fintech banking licence from APRA

Revolut confirmed on Tuesday that a secondary share sale has valued the digital bank at $115 billion, a 53 percent jump from the $75 billion it reached in November 2025. The sale priced shares at $2,017 each, according to Bloomberg. The valuation makes Revolut the most valuable private fintech company in the world by a wide margin, surpassing Stripe and eclipsing most publicly traded European banks.

A day earlier, Revolut announcedit had received an authorised deposit-taking institution licence from Australia’s Prudential Regulation Authority, becoming the first global fintech to obtain a full, unrestricted ADI. The licence allows Revolut to offer savings accounts, term deposits, and lending products to the more than one million Australians already using its platform. The company said it...

Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE