Investors are pushing Revolut Ltd. to consider offering another secondary share sale as new investors are scouring for ways to get a stake in the fast-growing fintech, according to Bloomberg.
Some shareholders have indicated they would be interested in selling their shares in a sale that values the company at $60 billion, according to people familiar with the matter. That would be a significant boost from the $45 billion price tag that Revolut garnered in a secondary share sale just six months ago.
Revolut isn’t yet working on an offering and the company would need to authorize such a move, the people said, asking not to be named discussing non-public information. The talks come as Revolut is expected to report roughly $1 billion in profit before tax for 2024, according to one of the people. That would be a record and up from $545 million a year earlier.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
