Revolut Valued at $115 Billion in Share Sale, Up 53% From a Year Earlier
JH Kim
Summary
- Revolut's valuation was pegged at $115 billion in a recent share sale.
- That represents an increase of about 53.3% over one year from $75 billion last year.
- The latest valuation was determined during a recent share sale and does not refer to a public-market market capitalization.
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British fintech company Revolut was valued at $115 billion in a recent share sale, up about 53% from a year earlier.
Cointelegraph, a cryptocurrency-focused media outlet, reported on November 4 that Revolut's valuation in the latest share sale reached $115 billion, topping the $75 billion recorded last year.
That amounts to a $40 billion increase in valuation, or about 53.3% over the past year.
The latest valuation was determined during the recent share sale process and does not represent the market capitalization of publicly traded shares.
JH Kim
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