Revolut Says Secondary Share Sale Valued Firm at $45 Billion

Revolut Ltd. said a secondary share sale that allowed the company to give employees liquidity for their stakes valued the company at $45 billion.

The round was led by investors Coatue, D1 Capital Partners and Tiger Global, according to a statement. Morgan Stanley served as sole placement agent on the deal.

The new valuation is up from a $33 billion price tag that Revolut garnered in 2021. Unlike many of its rivals across the fintech landscape, Revolut hasn’t had to raise money in recent years, allowing it to avoid the sharp declines in valuation that many of its ...