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(Sharecast News) - London-based fintech Revolut has been valued at $75bn (57bn) after completing a secondary share sale, the company said on Monday.
The financial platform, which operates an app allowing customers to hold multi-currency bank accounts said participants in the offering included investment firms Coatue and Greenoaks, venture capital firm Andreessen Horowitz,` and Nvidia's venture capital arm, among
others.
Staff were given the opportunity to sell their shares as part of the transaction. Revolut's 2024 revenue grew 72% to $4bn, with profit before tax increasing 149% to $1.4bn.
"This trajectory has continued in 2025, with the global retail customer base surpassing 65 million and Revolut Business achieving $1bn in annualised revenue," the company said.
Reporting by Frank Prenesti for Sharecast.com
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