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Revolut achieves $115bn valuation in secondary share sale

  • Revolut completed a secondary share sale, valuing the company at $115bn.
  • This represents a 53% increase from the $75bn valuation set in a similar sale a year earlier.
  • Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price, and Baillie Gifford led the share sale.
  • Revolut plans to use the funds to launch its US banking services.
  • The company has also reduced its AI coding costs by 90%.

Timeline

  1. Revolut's valuation jumps 53% to $115B in new share sale

    Revolut's valuation increased by 53% to $115 billion in a new share sale, led by investors including Glade Brook, Coatue, and T. Rowe Price.

  2. Revolut hits $115bn valuation

    UK-based fintech Revolut's valuation increased by over 50% to $115 billion in a secondary share sale.

  3. Latest

    Revolut completes $115bn share sale

    Revolut completed a secondary share sale valuing the company at $115 billion, 53% higher than its previous valuation.

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Revolut achieves $115bn valuation in secondary share sale | Split Angle