Revolut has completed a private share sale with participation from major investment firms. The transaction also allowed employees to sell shares.
Neobank Revolut has completed a share sale that values the company at $75 billion, placing it among the world’s most valuable fintechs.
The funding deal was led by investment firms Coatue, Greenoaks, Fidelity and Dragoneer, with additional backing from a16z, Franklin Templeton, and T. Rowe Price. Nvidia’s venture arm, NVentures, also participated.
The company said Monday that employees were able to sell shares as part of the deal, marking the fifth time Revolut has offered staff a liquidity event through its employee share program.
