Revolut has begun a secondary share sale that values the British fintech at $75bn, a sharp increase from the $45bn valuation in a similar transaction last year, according to a report by Bloomberg.

The programme allows employees to sell up to 20% of their holdings at $1,381.06 per share. Investor appetite has been strong, with both existing shareholders and new backers seeking allocations.

The transaction makes Revolut one of the world’s highest-valued private fintechs, surpassing the market capitalisation of Barclays. Molten Ventures, which counts Revolut as its largest holding at just over 10% of its portfolio, saw its stock rise 5.7% following the announcement.

Secondary share sales have become a common liquidity option for employees as IPO markets remain quiet. Stripe recently completed a $91.5bn tender offer, while Revolut’s previous $500m sale in 2024 saw CEO Nik Storonsky sell about $250m of his stake in a round led by Coatue, D1 Capital Partners, and Tiger Global.

Revolut has grown to more than 60 million customers worldwide, outpacing HSBC in client numbers. In 2024, revenues climbed 72% to $4bn, with the company continuing to expand internationally. It is also exploring an acquisition in the U.S. to secure a banking licence and deepen its presence in the American market.

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.

Can`t stop reading? Read more.