Revolut

-30%

est. 2Y upside i

FinTech

Rank

#2931

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: Medium

Given the entry valuation of $115B (secondary mark) and current revenue $6B, the implied multiple is ~19x.

Last updated: July 19, 2026

Bull (25%)+33%

IPO window and category leadership drive multiple expansion to 15x, yielding $153B exit; revenue grows to $10.2B. Upside = (153/115)-1 = 33%.

Base (30%)-29%

Multiple converges to 8x (within public comp range of 6-10x), exit $81.6B; revenue grows to $10.2B. Upside = (81.6/115)-1 = -29%.

Bear (45%)-65%

Multiple compresses to 4x due to incumbent competition and regulatory headwinds, exit $40.8B; revenue still $10.2B. Upside = (40.8/115)-1 = -64.5%.

Est. time to liquidity~1.5 years

Preference Stack Risk

low

Funding Intensity

Total funding of $5.89B is only 5.1% of the $115B valuation, so preference stack is minimal.

Dilution Risk

low

Company is profitable and recently raised via secondary sale, making a dilutive round unlikely within 2 years.

Secondary Liquidity

active

A $3B secondary market exists, providing liquidity for existing shareholders before IPO.

Questions to Ask at the Interview

Strategic questions based on Revolut's data — designed to show you've done your homework.

1
“How does Revolut plan to maintain its growth trajectory amid increasing regulatory scrutiny and competition from incumbent banks?”
2
“What is the path to profitability in its newer markets and product lines, and how does that affect the long-term revenue mix?”
3
“Given the high current valuation, what is your realistic expectation for equity value at liquidity, and how does that fit with your personal financial goals?”

Our model estimates -30% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.