Revolut Sees Talks With Tiger as Vote of Confidence in Fintech

July 17, 2024, 9:51 AM UTC

Revolut Ltd.’s talks with Tiger Global Management to have the venture capital giant lead an upcoming share sale is the latest sign that investors are once again warming to fintechs, according to the startup’s UK chief Francesca Carlesi.

Tiger is in talks to lead the share sale, which will be a secondary offering, meaning it won’t entail the issuance of new stock, but rather involve employees selling existing shares. Revolut has hired Morgan Stanley to help it with the sale, which may value Revolut at more than $40 billion.

“This is a vote of confidence, every time a new ...

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