Revolut focusing on valuation of greater than £32bn in share sale
Revolut is reportedly targeting a valuation of more than £32billion in a share sale that would make it worth more than NatWest.
The British fintech start-up plans to sell around £395m worth of stock as it continues to expand, according to the Financial Times.
It would see the firm valued at around a fifth higher than the £26billion price tag it achieved in a previous funding round in 2021.
Big ideas: Revolut plans to sell around £395m worth of stock as it continues to expand
The move would also see the group valued above NatWest, which was worth just under £27billion at its latest share price.
But Revolut is still waiting for its UK banking licence to be approved – despite claiming more than a year ago that it was imminent.
