Revolut secures €41bn valuation in share sale by staff

Sale gives Revolut a higher valuation than the one it achieved in 2021 when it completed a fundraising round led by SoftBank and Tiger Global

The fintech, which now has more than 2.8 million Irish customers and employs around 175 people in Ireland, said the valuation “reflects the strong financial performance recorded by the company in recent quarters as well as the progress made in executing its strategic objectives”.

Revolut has secured a $45bn (€41bn) valuation as part of a share sale by staff, cementing its status as Europe’s most valuable start-up.

The firm announced on Friday that Coatue, D1 Capital Partners and Tiger Global were among the institutional investors who participated in the secondary share sale, with Morgan Stanley serving as the sole placement agent on the transaction.