Feed Skupnost
AG
Alfred Gray
@alfredgray · Aug 16

Revolut reaches $45 billion valuation in secondary share sale

- Valuation: Fintech company Revolut has reached a valuation of $45 billion through a secondary share sale.

- Liquidity for employees: The move was aimed at providing liquidity for the company's employees.

- Investors: The sale attracted major technology investors, including Coatue, D1 Capital Partners and Tiger Global.

- Financials: Revolut reported 2023 revenue of $2.2 billion, a 95% increase from the previous year.

- Profit before tax: The company achieved a record pre-tax profit of $545 million.

BC
Bill Combs @billcombs Aug 18

Very intriguing and it would be great if they had an IPO, I'd probably watch that a lot.

AA
Ashraf Aboudar @ashraf_dd Aug 16

That's interesting news. The stock isn't publicly traded, I don't even know if it's in the cards to get it on a public exchange. Would anyone buy its stock if that happened and how many of its customers are there?

BC
Bill Combs @billcombs Aug 18

I'm not a customer, but if there was an IPO, I'd probably think quite a bit about buying and probably start a smaller position.