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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Revolut valuation jumps to $75bn with staff set for payout opportunity

Revolut fintech Nik Storonsky IPO United Kingdom
Closeup of Revolut credit card
Employees will be allowed to sell up to 20% of their personal holdings. Photograph: Justin Tallis/AFP/Getty Images

Revolut employees are in line for a payout bonanza after the UK fintech firm launched a share sale that has pushed its valuation up by two-thirds to $75bn (£55bn).

The secondary sale, which prices each share at $1,381.06, will secure the finance app’s position as one of the world’s most valuable fintech firms.

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