Revolut Hits $45 Billion Valuation in Major Secondary Share Sale

The fintech firm secures new investments and a UK banking license, paving the way for potential IPO.

Revolut's valuation jumps from $33 billion in 2021 to $45 billion following the share sale.
The transaction allows employees to liquidate shares, with major investors like Tiger Global participating.
Revolut reported record revenues of $2.2 billion and a pre-tax profit of $545 million in 2023.
The company recently obtained banking licenses in the UK and Mexico, expanding its services.
Revolut now serves 45 million customers globally, with plans for further growth and a potential IPO.