Revolut Sells Existing Shares at a $115 Billion Valuation

Revolut completed a sale of existing shares, meaning current owners sell to buyers, and the company gets no new money, valuing it at $115 billion, or $2,017 a share. Glade Brook, Coatue, Durable Capital, T. Rowe Price and Baillie Gifford led the deal. The valuation is 53% above the $75 billion sale a year earlier.