Finance
Revolut Notches $75 Billion Valuation in Latest Share Sale
Revolut offers checking and savings accounts, international money transfers, cryptocurrency and stock trading.
Photographer: Gabriel Bouys/AFP/Getty ImagesRevolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase from the $45 billion price tag it received last year.
The round was led by Coatue, Greenoaks, Dragoneer and Fidelity Management & Research Company, according to a statement. Nvidia Corp.’s venture capital arm NVentures, Andreessen Horowitz, Franklin Templeton, and accounts advised by T. Rowe Price also participated.