Fintech

Revolut announces secondary share sale at $45bn valuation

Morgan Stanley scores role as sole placement agent on the deal

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The challenger bank is letting staff cash out their stakes Photo: Betty Laura Zapata/Getty Images

Revolut has signed agreements with a group of investors including Tiger Global to provide liquidity to employees through a secondary share sale.

The secondary share sale has pushed the valuation of the firm to $45bn, up from $33bn in 2021, Revolut said on 16 August.

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