Staff in line for $500m windfall, with company now worth more than market valuations of big high street banks
Revolut has clinched a $45bn (£35bn) valuation through a share sale that is expected to net staff a $500m windfall, cementing its position as the most valuable private tech company in Europe.
It is a boost for the London-headquartered firm, which was last valued at $33bn in 2021. It is now worth more than the market valuations of big high street banks, including NatWest and Barclays, which are worth £29bn and £33.5bn, respectively.
About Author
More Stories
China accuses UK politicians of ‘arrogance’ in British Steel row
In the red: global wine sales fall to lowest levels since 1961
Revealed: Big tech’s new datacentres will take water from the world’s driest areas