Revolut Begins Secondary Share Sale at $75 Billion Valuation
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From bloomberg.com: Did you know that a single share of Revolut Ltd. is now valued at over $1,300? In an exciting turn of events, Revolut, the fintech giant, has opened up a unique opportunity for its employees to sell shares at a staggering $75 billion valuation. Imagine being part of a company that’s not just growing, but soaring—each share now priced at $1,381.06! But what’s driving this buzz? The memo reveals a strong demand from both new and existing investors, hinting at a robust belief in Revolut's future. This isn’t just about cashing in; it’s a signal of confidence in the fintech sector's explosive growth. As employees consider this chance, it raises questions about the company’s trajectory and the broader market landscape. What does this mean for the future of fintech? Learn more about this at bloomberg.com.
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Read Original →Revolut Ltd. has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation. That secondary sale will value each share at $1,381.06, according to a memo to staff seen by Bloomberg. The company has already fielded demand for the sale from new and existing investors, the memo shows.