Revolut, a leading UK fintech company, is preparing a $500 million share sale managed by Morgan Stanley. This move aims to increase the company's valuation to over $40 billion, up from its last valuation of $33 billion in 2021.
The share sale will primarily involve employee shares and is intended to support Revolut's growth and expansion efforts. Despite regulatory challenges in obtaining a UK banking license, Revolut continues to expand globally, with significant revenue growth and a broadening product portfolio.