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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
1mo ago

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