Investors are encouraging Revolut to consider another secondary share sale as new stakeholders express interest in the fintech firm. Sources suggest that shareholders are willing to sell shares at a potential valuation of $60 billion, a significant increase from the company's $45 billion valuation in a previous sale. Revolut is set to report around $1 billion in pre-tax profit for 2024, and while there is investor appetite for an initial public offering, the company is unlikely to pursue a public listing before 2026. Revolut recently surpassed 50 million customers globally and received a restricted banking license from the UK's Prudential Regulation Authority.
Content Editor ( cryptoslate.com )
- 2025-02-27
Revolut faces investor pressure for share sale before $1B profit report
