Revolut secured $45bN valuation
Revolut has now become Europe’s most valuable start-up after they secured a $45bn Valuation in a share sale by employees, defying wider fintech downturn. The UK government seeks to persuade it to list in London rather than New York. The UK bank said the Coatue, DJ Capital Partners and Tiger Global were among the institutional investors that had bought shares from staff, after they acquired $500min worth at a price of $865.42 a share. The valuation is higher than $33bn Revolut achieved in a 2021 fund-raising led by SoftBank and Tiger Global and makes UK’s second-most valuable bank –behind only … Continue reading Revolut secured $45bN valuation
