Revolut Plans Secondary Share Sale Targeting $115 Billion Valuation
- Revolut is preparing a secondary share sale with an estimated valuation of $115 billion.
- The sale will allow early investors and employees to liquidate portions of their shares.
- Revolut has applied for a full banking license in the U.S. to enhance its financial services.
- The company secured a full banking license in the UK, aiming to develop credit products further.
- No IPO is expected before 2028, but Revolut may pursue additional secondary sales beforehand.
This secondary share sale represents an opportunity for existing shareholders to monetize their stakes without raising new capital. Revolut’s strategic moves, including its focus on banking and cryptocurrency services, align with its goal of becoming one of Europe’s leading fintech companies.
If successful, this share sale could significantly boost Revolut’s valuation from its previous $75 billion mark in November, positioning it among the most valuable private fintech firms globally.
