Revolut, a London-based fintech company, has secured a $45 billion valuation in a secondary share sale by employees, making it Europe’s most valuable start-up.
The sale involved institutional investors such as Tiger Global, D1 Capital Partners, and Coatue.
Despite the UK government’s efforts to woo Revolut for a London listing, the company is reportedly favoring a potential IPO in the US, specifically on the Nasdaq market.
This preference has sparked discussions and efforts by the UK government to retain Revolut’s listing within the country.