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News
Revolut in talks with Tiger Global for $500 million share sale

Revolut in talks with Tiger Global for $500 million share sale

CointimeCointime2024/07/17 10:37
By:Cointime

UK digital bank Revolut Ltd. is in talks with Tiger Global Management regarding a $500 million stock sale. This will be a secondary market sale, meaning no new stocks will be issued, but instead will involve employees selling existing shares. Revolut has already hired Morgan Stanley to assist with this sale, which could potentially value Revolut at over $40 billion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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