Revolut launches a share sale process at a valuation of $75 billion
According to news from Hash World, some employees of Revolut Ltd. have initiated a share sale process valued at $75 billion, with an expected valuation higher than last year's $45 billion. In this secondary market issuance, the valuation per share is $1,381.06, and the company has met the subscription needs of both new and old investors. Sources reveal that employees at the London-based company can sell up to 20% of their shares. A spokesperson for Revolut stated that as part of our commitment to employees, we regularly provide them with liquidity opportunities. Currently, the employee secondary stock sale is ongoing, and we will not comment further until it is completed.
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Revolut launches a share sale process at a valuation of $75 billion
According to news from Hash World, some employees of Revolut Ltd. have initiated a share sale process valued at $75 billion, with an expected valuation higher than last year's $45 billion. In this secondary market issuance, the valuation per share is $1,381.06, and the company has met the subscription needs of both new and old investors. Sources reveal that employees at the London-based company can sell up to 20% of their shares. A spokesperson for Revolut stated that as part of our commitment to employees, we regularly provide them with liquidity opportunities. Currently, the employee secondary stock sale is ongoing, and we will not comment further until it is completed.
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