Revolut employees are in line for major windfalls after the UK’s most valuable fintech told staff they will be allowed to sell part of their stake in the company at a valuation of $75 billion.

According to documents shared with staff this week, employees can sell up to 20% of their shares, creating space for new and existing investors to buy in. The move follows a year of strong growth at Revolut, which now counts over 50 million customers worldwide and nearly 11 million in the UK.

The opportunity to cash in comes as Revolut cements its position as one of the world’s biggest fintech players. A 2021 funding round led by SoftBank and Tiger Global had valued the company at $33 billion, while a secondary share sale last year pushed that figure to $45 billion. The latest valuation of $75 billion represents a huge leap in just 12 months.

Earlier this summer, the Financial Times reported that Revolut was raising fresh capital at what it called a “blended valuation” of $65 billion, reflecting different terms for new money raised versus shares sold by existing investors. The company is now hoping the $75 billion benchmark will help accelerate its international expansion.

Revolut has already secured a UK banking licence after a lengthy three-year process, although it is still in a “mobilisation” phase. This means it can accept deposits but has not yet been cleared to operate fully as a bank in Britain. In the US, the company is exploring the possibility of buying a chartered bank, which would allow it to lend across all 50 states.

In a statement, Revolut said: “As part of our commitment to our employees, we regularly provide opportunities for them to gain liquidity. An employee secondary share sale is currently in process, and we won’t be commenting further until it is complete.”

With a valuation now rivaling some of the world’s biggest traditional lenders, Revolut’s latest move underlines both the appetite from investors and the determination of the fintech to challenge established banks on a global scale.