Revolut is planning an employee share sale worth approximately $500 million, aiming to uphold its $33 billion valuation achieved during its 2021 funding round.
Morgan Stanley is expected to coordinate this transaction, which will not raise new capital but allow employees to sell their shares. Despite a drop in valuation to $25.7 billion earlier this year, Revolut's revenue doubled in 2023 to £1.7 billion, bolstering confidence in achieving its target valuation. This move aligns with Revolut’s growth strategy, which includes expanding its user base to over 40 million and seeking a full UK banking license.
