UK-based fintech company Revolut via a secondary share sale $45 billion valuation He announced that he got it. It was stated that the sale would provide liquidity to employees. Revolut shares sale Coatue ve D1 Capital Partners with existing investors Tiger Global He said it was run by.
The secondary share sale follows Revolut’s strong financial performance. The company reported revenue of $2.2 billion in 2023, a 95 percent increase from the previous year, and a record pre-tax profit of $545 million. This upward trend continued in 2024, with revenue growth exceeding 80 percent and increased profitability. It should be noted that the company, which has over 45 million customers worldwide and aims to reach 50 million customers by the end of the year, is also rapidly expanding its user base.
According to the information shared by the Financial Times, this valuation is well above the valuation Revolut reached after the investment it received under the leadership of SoftBank and Tiger Global in 2021. Because at that time, the company was valued at 33 billion dollars. The new valuation of $45 billion makes Revolut the second most valuable bank in the UK, behind HSBC and ahead of Barclays, Lloyds Banking Group and NatWest.
With this latest valuation, we can say that Revolut continues to surpass its competitors and strengthen its position as a leading player in the global fintech world.
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