Revolut Debuts Buyback in Latest Move to Stay Private for Longer

Revolut Ltd. is quietly engineering a series of transactions that would allow the fintech to stay private for longer while maintaining strict control over its registry of shareholders.

In recent weeks, the company debuted a tender offer that allows it to ultimately repurchase as much as 10% of its shares from eligible investors, according to people familiar with the matter as well as documents seen by Bloomberg. Revolut prioritized early investors in the offering, the people said, asking not to be identified discussing non-public information.