Revolut launches secondary share offering, values the company at $75 billion

British fintech company Revolut started a secondary share offering, which lets its employees sell their shares, according to Bloomberg. This information comes from an internal document from Revolut.

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Revolut launches secondary share offering, values the company at $75 billion © Daily Management Review

The document says the company has already talked to possible buyers about this offer.

Each share is worth $1,381.06, and the whole company is valued at $75 billion, making it one of the most expensive fintech startups in the world.

Last August, Revolut’s value was $45 billion.

A company representative told Bloomberg that part of their commitment to employees is giving them the chance to get liquidity.

They confirmed the secondary share offering but said they won’t give more details until it’s finished.

source: bloomberg.com

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