Revolut has initiated a new secondary share sale process aimed at a part of its workforce, in an operation that places the company's valuation at 115 billion dollars, nearly 100 billion euros, according to sources linked to the transaction who have indicated to Europa Press.
This mechanism will allow certain employees to dispose of a fraction of their holdings. "We can confirm that a secondary share sale process is underway. As is customary in this type of operation, we will not comment on the details while the process is ongoing. We will share an update once it has concluded," the financial entity stated in a note sent to the media.
Regarding the price set for the shares, market sources indicate that it will be around two dollars per share. This new liquidity window is part of the company's policy to facilitate exits for both employees and current shareholders, after having already completed two similar secondary rounds in the past, both with demand that far exceeded the available supply.
The largest of those secondary operations was closed in 2024, when Revolut reached a valuation of 45 billion dollars, about 39.4 million euros. The transaction currently underway raises that figure to 115 billion dollars, reinforcing the firm's status as one of the leading private tech companies on the European continent.
As for the timeline, the 'fintech' expects this process to conclude in the coming weeks and maintains that it will not deviate from the initially set deadline, as Europa Press has been able to corroborate with sources close to the operation.