Finance
Revolut Boosting Team That Runs Share Sales Without Wall Street
The Revolut Ltd. headquarters in Canary Wharf, London.
Photographer: Chris Ratcliffe/BloombergRevolut Ltd. is shunning Wall Street banks and is instead hiring more staff to run secondary share sales after successfully handling an in-house deal that helped it clinch a valuation of $75 billion last year.
The fintech is looking to bolster its corporate development team in London, where it’s headquartered, according to online job listings. It’s working to recruit an investment banker, asset manager or person with venture capital experience to oversee transactions, including potential mergers and acquisitions, as it stays private for longer.