CoinDesk·3 min read·medium
Revolut hits $115 billion valuation in employee share sale: WSJ
F
Francisco Rodrigues
✦AI Summary
Fintech firm Revolut has reached a $115 billion valuation following an internal employee share sale, making it Europe's most valuable private company. The firm continues to expand its global footprint, including significant growth in its crypto trading services and banking license acquisitions.
The company priced shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by The Wall Street Journal . The transaction allows employees and other existing shareholders to sell stock rather than raising new capital for Revolut.
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