Revolut Raises Valuation to $115 Billion in Secondary Share Sale
techfintechbusiness 2 posts · 2 accounts
Revolut is raising its valuation to $115 billion through a secondary share sale, up from the $75 billion valuation recorded late last year, according to the British digital bank’s spokesperson and people familiar with the matter.
The transaction proceeds this week, confirming the fintech company is Europe’s most valuable financial technology firm, the spokesperson noted in a comment to Reuters.
From the sources (2 posts)
@wsjmarketsBritish digital bank Revolut is boosting its valuation to $115 billion, up from $75 billion late last year, according to people familiar with the matter
@reuterslegalEurope's most valuable financial technology firm Revolut's secondary share sale is underway, a spokesperson confirmed to Reuters on Wednesday.