Revolut Begins Secondary Share Sale at $75 Billion Valuation (2)

Revolut Ltd. has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation.

That secondary sale will value each share at $1,381.06, according to a memo to staff seen by Bloomberg. The company has already fielded demand for the sale from new and existing investors, the memo shows.

Staff at the London-based firm will be able to sell as much as 20% of their stakes, according to a person familiar with the matter, who asked not to be named as the details haven’t been made public.

The deal will cement Revolut’s ...