Overview
- Revolut is running a staff secondary that values the company at $75 billion, up from a $45 billion deal last year.
- Shares are being offered at about $1,381 each, according to reports on the tender terms.
- Employees may sell up to 20% of their personal holdings to new and existing investors, with payouts expected in early autumn.
- Revolut confirmed the process is underway and said it will not comment further until the sale is complete.
- Strong 2024 results — roughly $4 billion in revenue and about $1 billion in profit — and ongoing U.S. banking ambitions have fueled investor interest as the firm continues to operate under a restricted U.K. licence.