Revolut Completes $115 Billion Secondary Sale at $2,017 a Share

Revolut has completed a secondary sale, where existing shares change hands, valuing the company at $115 billion, or $2,017 a share. Glade Brook, Coatue, Durable Capital, T. Rowe Price and Baillie Gifford led the round. Existing shareholders sold stock; no new money entered. The valuation is 53% above the $75 billion share sale of a year earlier.