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British fintech firm Revolut plans to raise more capital in the second half of the year, with investors driving its valuation to $100 billion
Svmuu News: Sources familiar with the matter say that British fintech company Revolut is considering a new round of share sales in the second half of this year, as investors rush to buy the company’s shares ahead of a potential initial public offering. The new round of sales would follow a series of deals last year, during which the company’s valuation rose from $45 billion to $75 billion in 2024. The sources said Revolut’s investors have been pushing for a new round at a valuation of at least $100 billion, and any new round could follow the hybrid model of previous deals. Discussions are still in the early stages, and no decisions have been made regarding the size or timing of the share sale. Investors and bankers are closely monitoring Revolut’s fundraising progress, speculating that the company will eventually file for an IPO. Some sources say the company aims to achieve a valuation of at least $150 billion through an IPO. A Revolut spokesperson declined to comment. (Bloomberg)
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