Revolut Prepares for Major Share Offering Amidst Surging Valuation
Friday, 2 August 2024, 20:50
Overview of Revolut's Upcoming Share Offering
Revolut is set to launch a significant share sale, having a large impact on its valuation and market presence.
Details of the Share Sale
- Share Sale Amount: Up to £400 million
- Valuation Target: £35 billion
- Employee Participation: 20% of share options
- Share Price: £677 each
Implications for the Fintech Market
This strategic move not only positions Revolut for future growth but also gives a shoutout to employee shareholders, fostering a culture of investment within the company.
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