Feb 25 (Reuters) - Britain's Revolut is considering a fresh sale of shares in the latter half of this year, Bloomberg News reported on Wednesday, citing people familiar with the matter. Investors have
Revolut weighs H2 share sale amid investor push for $100B valuation
Revolut’s Planned H2 Share Sale
Feb 25 (Reuters) - Britain's Revolut is considering a fresh sale of shares in the latter half of this year, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Investor Valuation Push
Investors have been pushing for a new process that would value the global fintech at at least $100 billion, the report said.
Company Declines Comment
Revolut, Europe's most valuable financial technology firm, declined to comment on a Reuters query.
Pre-IPO Context
Recent Valuation and Deals
The planned share sale would build on a series of transactions last year that boosted Revolut's valuation to $75 billion, as investors rushed to buy in ahead of a potential public offering.
Mexico Expansion
The company recently launched full banking operations in Mexico, with further plans to expand outside Europe.
Reporting and Editing
(Reporting by Sri Hari N S in Bengaluru; Editing by Shilpi Majumdar)
