Revolut Targets $750 Million Secondary Share Sale at $109 Billion Valuation
businesstechfintech 2 posts · 2 accounts
Revolut is targeting at least $750 million in a secondary share sale that could grow to $2 billion amid strong investor demand. The transaction would value the London financial app at $109 billion.
That would be nearly 50% higher than last fall's valuation, indicating stronger private-market demand for Revolut shares if the deal proceeds on those terms.
From the sources (2 posts)
@katie_roofRT @theinformation: Revolut is targeting at least $750 million in a secondary share sale that could expand to $2 billion amid strong invest…
@theinformationRevolut is targeting at least $750 million in a secondary share sale that could expand to $2 billion amid strong investor demand. The deal would value the London financial app at $109 billion, up nearly 50% from last fall. Read more: http