Revolut preps secondary share sale at $75 billion valuation

Editorial

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According to a memo to staff viewed by Bloomberg, the secondary share sale prices each share at $1,381.06, with the company already receiving interest from both new and existing investors.

The valuation placed on the business is a big jump on the $45 billion price tag achieved at its last share sale in April last year.

“As part of our commitment to our employees, we regularly provide opportunities for them to gain liquidity,” a Revolut spokesperson said in a statement to Bloomberg. “An employee secondary share sale is currently in process, and we won’t be commenting further until it is complete.”