logo

Insider: Revolut Launches Employee Secondary Share Sale, Company Valuation Reaches $75 Billion

By: theblockbeats.news|2025/09/02 01:22:14

BlockBeats News, September 2nd. According to Reuters, sources revealed on Monday that the UK financial technology giant Revolut has launched an employee secondary stock sale, pushing its valuation to $75 billion. The London-based company is ramping up its expansion efforts to challenge larger traditional banks.

A Revolut spokesperson stated in an email on Monday: "The employee secondary stock sale is ongoing, and we will not offer further comment until it is completed." Bloomberg News reported that this round of transactions priced Revolut at $1381.06 per share.

In April of this year, the fintech company reported over double its annual profit, largely driven by strong cryptocurrency trading, interest income, and card fees, and indicated plans to operate as a UK bank starting this year.

glassnode: Bitcoin HODLers Sell-off Accelerates in Recent Weeks, But Remains Below Last Year's Peak
"The Smiths" Director to Helm New Film "Killing Satoshi Nakamoto," Expected to Release in 2026

You may also like

Share
copy

Gainers

Latest Crypto News

12:45

MADAOCHENGGONG is live on WEEX, offering a 50,000 USDT airdrop for newcomers.

12:45

BNP Paribas: If Supreme Court Overturns Trump Tariffs, Dollar May Fall

12:45

Current mainstream CEX and DEX funding rate displays market shifting towards bearishness

12:15

Cysic Foundation: Airdrop Eligibility Check Tool Now Live

11:45

WSJ: Investors are Wary of a New Round of the "Crypto Winter"

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com