Revolut has spent months putting together the round, which was done at a steep increase from the $45b price tag it received last year and cements its status as Europe’s most valuable startup. The company allowed current employees to sell their shares as part of the transaction, marking the fifth time the company has made such an offer available to staffers.
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Revolut notches $75b valuation in latest share sale
“The level of investor interest and our new valuation reflect the strength of our business model, which is delivering both rapid growth and strong profitability,” Revolut Chief Financial Officer Victor Stinga said in the statement.
