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Revolut Targets $100bn Valuation in Second Share Sale

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Revolut is considering a share sale that could value the UK fintech at $100bn, according to Bloomberg. This potential transaction follows a 2024 secondary sale that pushed its valuation from $45bn to $75bn, making it Europe's most valuable scaleup. Investors are pushing for this new offering, though no final decisions on size or timing have been made.

The company, founded in 2015 as a travel finance app, now offers international transfers, crypto trading, and pet insurance. This move aligns with a trend where European scaleups like Trade Republic ($12.5bn) and ElevenLabs ($6.6bn) have used secondaries to boost valuations. Speculation also mounts that Revolut may pursue an IPO, targeting at least $150bn.

A Revolut spokesperson declined to comment.