British Fintech Revolut's Share Sale Pushes Revolut Valuation To $75B

Revolut Ltd. has launched a secondary share sale for employees that values the London-based fintech at $75 billion, according to a memo seen by Bloomberg. Shares are priced at $1,381.06, with strong demand already from new and existing investors. The deal lifts Revolut’s valuation from $45 billion in a similar sale last year and places it above Barclays’ market capitalization, though the sale remains private. Revolut has surpassed HSBC in customer numbers, growing to over 60 million while boosting revenue 72% to $4 billion and increasing profit. The company is also exploring hiring bankers for a potential U.S. acquisition to secure a banking license.