Revolut is reportedly targeting a valuation of more than £32 billion from share sales
Revolut is reportedly targeting a valuation of more than £32 billion in a share sale that would make it worth more than NatWest.
According to the Financial Times, the British fintech startup plans to sell around £395 million worth of shares as it continues to grow.
This would value the company around a fifth higher than the £26 billion price tag it achieved in a previous funding round in 2021.
Big ideas: Revolut plans to sell around £395 million worth of shares as it continues to grow
The move would also value the group above NatWest, which was worth just under £27 billion at its last share price.
But Revolut is still waiting for its UK banking license to be approved – despite claiming more than a year ago that this was imminent.