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Mmastodon BusinessBusiness first seen 2 d ago, last 2 d ago, peak #3

Revolut valued at $115 billion after share sale

Original: Revolut has been valued at $115 billion following a share sale led by existing investors including Coatue, T. Rowe Price

Revolut has been valued at $115 billion following a share sale led by existing investors including Coatue, T. Rowe Price and Baillie Gifford. The new valuation is 53% higher than a similar share transaction a year earlier, though the sale did not inject fresh capital into the company. The figure cements Revolut's place among Europe's most valuable private fintech firms and highlights continued investor appetite for the sector.

Why now: The sharply higher valuation of one of Europe's largest fintechs in a secondary share sale is a notable market signal.

RevolutCoatueT. Rowe PriceBaillie Gifford

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