Revolut Weighs $115 Billion Share Sale After UK License and US Charter Application
Updated
Updated · Bloomberg · Jun 5
Revolut Weighs $115 Billion Share Sale After UK License and US Charter Application
2 articles · Updated · Bloomberg · Jun 5
Summary
$115 billion is the valuation Revolut is targeting in a potential secondary share sale that could begin as soon as June, according to people familiar with the plans.
The deal would let early investors and employees sell existing shares for liquidity rather than raise new capital for the company.
Revolut is sounding out investors and has not finalized terms, leaving the timing and structure of any formal process still subject to change.
The move follows Revolut's UK banking license win and its application for a US banking charter, steps that could strengthen its case for a higher valuation.