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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

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1mo ago
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