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Revolut announces secondary share sale at $45bn valuation

Hedge Funds Correspondent

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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.

Morgan Stanley scores role as sole placement agent on the deal

Bilal Jafar

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