Official announcements from Revolut, credible financial news sources, or press releases

Revolut Achieves $45 Billion Valuation in Employee Share Sale

Aug 16, 2024, 08:50 AM

Revolut, a British financial technology company, has achieved a valuation of $45 billion following a secondary share sale conducted by its employees. This marks a significant increase from its previous valuation of $33 billion during a 2021 fundraising round. The share sale was led by investment firms Coatue and D1 Capital Partners, providing liquidity for Revolut employees. This development underscores Revolut's continued growth and resilience in the fintech sector.