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Revolut Launches $75B Secondary Share Sale Amid Crypto Expansion
Revolut Launches $75B Secondary Share Sale Amid Crypto Expansion
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BTCCSquare news:
Revolut has initiated a secondary share sale valuing the fintech giant at $75 billion, marking one of Europe's largest private tech transactions. Employees can offload up to 20% of their holdings, with shares priced at $1,381 each—a stark rise from its $45 billion valuation in 2023. The MOVE follows explosive growth: 2024 revenue nearly doubled to $4 billion, while profit hit $1 billion.
The company's aggressive expansion into crypto products and U.S. banking has fueled investor confidence, though its private valuation continues to outpace public fintech peers. Secondary markets still price Revolut shares below $1,000, revealing a disconnect between internal Optimism and external skepticism.
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