Revolut has launched a secondary sale of its shares valuing the financial technology giant at $75 billion, a source familiar with the company said on Monday, as the London-based group doubles down on its expansion plans to rival bigger lenders, according to Reuters.
Revolut, which has emerged as the most successful of a handful of European fintechs founded in the past decade with a digital-only model, was valued at $45 billion last year through a share sale from new and existing investors.
„An employee secondary share sale is currently in process, and we won’t be commenting further until it is complete,” a spokesperson for Revolut said in an emailed statement on Monday.
“As part of our commitment to our employees, we regularly provide opportunities for them to gain liquidity,” a spokesperson said in an emailed statement to Bloomberg.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
