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Revolut’s valuation jumps 53% to $115B in new share sale as it prepares to launch US bank

CN
CitrixNews Staff
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Revolut’s valuation jumps 53% to $115B in new share sale as it prepares to launch US bank

Revolut’s investors have completed a secondary share sale that values the British fintech at $115 billion, 53% more than the price tag it had gained in another share sale a year ago, as the company prepares to launch a U.S. bank in 2027.

Investors including Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, and Baillie Gifford led the share sale, which brought no new money into Revolut. The company declined to say how much stock was sold.

Originally reported by TechCrunch. Read the full story at the original source.