News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Revolut announces secondary share sale at $45bn valuation

Morgan Stanley scores role as sole placement agent on the deal

The challenger bank is letting staff cash out their stakes
The challenger bank is letting staff cash out their stakes Photo: Betty Laura Zapata/Getty Images

Revolut has signed agreements with a group of investors including Tiger Global to provide liquidity to employees through a secondary share sale.

The secondary share sale has pushed the valuation of the firm to $45bn, up from $33bn in 2021, Revolut said on 16 August.

WSJ Logo