US EditionUK's Revolut kicks off secondary share sale at $75 billion valuation: AFP
63 Articles
63 Articles
Revolution, one of the largest Fintech companies in the world, has increased its market value by two-thirds, up to $75 billion, following a second sale of shares announced months of employees. The Revolution movement article brings consistent gains in this autumn appeared for the first time in Romania TV.
Revolut Valued At $75B As Employee Share Sale Boosts Payouts - FinanceFeeds
What Happened with Revolut’s Secondary Sale? Revolut has launched a secondary share sale that values the London-based fintech at $75 billion (£55bn), a two-thirds jump from its previous $45 billion valuation just a year ago. The deal, first reported by Bloomberg, prices each share at $1,381.06 and allows employees to sell up to 20% of their personal holdings. Payouts are expected in early autumn. The move comes after the company reported record …
Financial technology (fintech) giant Revolut, which has a banking license in Lithuania, will give employees the opportunity to sell their shares. The sale of existing shares is expected to value the company at $75 billion.
Coverage Details
Bias Distribution
- 35% of the sources are Center, 35% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
