Revolut Launches Employee Secondary Sale at $75 Billion Valuation
Revolut Launches Employee Secondary Sale at $75 Billion Valuation

Revolut Launches Employee Secondary Sale at $75 Billion Valuation

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Revolut, the UK-based fintech, is conducting a secondary share sale allowing employees to sell their shares at a valuation of $75 billion, up from $45 billion in the previous round. The shares are priced at $1,381.06 each, and there is strong demand from both new and existing investors. Employees can sell up to 20% of their holdings, providing significant liquidity opportunities. Revolut, known for its financial superapp services including banking, stock trading, and travel insurance, serves over 60 million customers worldwide. This move highlights Revolut's growth ambitions and its status as Europe's most valuable privately held tech company. The company has declined further comment until the sale is complete.

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