Revolut Investors Cash In on $1bn Stock Sales

• Revolut staff and early investors offloaded nearly $1bn in stock following the fintech’s UK banking licence approval, boosting its valuation to $45bn.
• The sale, extended twice, attracted institutional investors like Abu Dhabi’s Mubadala, enabling a significant cash-out for employees and early backers.
• Founder Nik Storonsky netted $200mn-$300mn, while early VC investors sold about $500mn, highlighting Revolut's rise as a major banking player and the trend of secondary sales in successful startups.

Source: Financial Times