Revolut Achieves $45 Billion Valuation in Share Sale

Aug 16, 2024, 08:58 AM

Revolut, the UK-based fintech company, has achieved a valuation of $45 billion following a secondary share sale. This valuation marks a significant increase from its previous $33 billion valuation during a 2021 fundraising round. The share sale was led by Coatue and D1 Capital Partners and provided liquidity for employees' stakes. The company is considering a potential IPO, with the UK government attempting to attract Revolut to list domestically, although the fintech firm is also considering the US as a location for its IPO.