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”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
