British Fintech Revolut's Share Sale Pushes Revolut Valuation To $75B

About British Fintech Revolut's Share Sale Pushes Revolut Valuation To $75B

Revolut Ltd. has conducted a secondary share sale for employees, valuing the London-based fintech at 75 billion dollars. Shares are priced at over 1,300 dollars, with strong demand from new and existing investors. This deal raises Revolut's valuation from 45 billion dollars last year and surpasses Barclays’ market cap, although the sale remains private. Revolut now has over 60 million customers, outpacing HSBC, with revenue rising by 72 percent to four billion dollars and increasing profits. The company is also exploring US acquisition plans.