British fintech startup Revolut said on Friday that it was valued at $45 billion in a secondary share sale that the company agreed upon with investors.
British fintech startup Revolut said on Friday that it was valued at $45 billion in a secondary share sale with new and existing investors.
The valuation comes just weeks after Revolut was granted a banking license with restrictions in the U.K. "This valuation reflects the strong financial performance recorded by the company in recent quarters as well as the progress made in executing its strategic objectives," Revolut said in a statement.The round was led by Coatue, D1 Capital Partners, and existing investor Tiger Global, the company noted, without disclosing the total value of the shares on sale.
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