Revolut reaches $115 billion valuation in latest share sale
Glade Brook, Coatue and T. Rowe Price were among the investors leading the transaction. The Economic Times reports that the 11-year-old company is now valued above many publicly listed banks, while TechCrunch says the valuation rose 53% as Revolut prepares to launch a bank in the United States.
- Durable Capital Partners and Baillie Gifford also led the transaction, according to The Economic Times.
Covered by 3 publishers within 3 hours of the first report.
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TechCrunch Revolut’s valuation jumps 53% to $115B in new share sale as it prepares to launch US bank · Jagmeet Singh
The Economic Times Revolut completes funding round at $115 billion valuation
PYMNTS Revolut’s Valuation Hits $115 Billion With New Funding · PYMNTS