Revolut's early backers and employees have sold shares through a secondary offering, valuing the company at $45 billion.
The sale attracted major institutional investors, including Mubadala and Goldman Sachs' private banking clients.
Early
investors and employees of digital banking giant Revolut have sold nearly $1
billion worth of shares since August, marking one of the largest private
secondary sales in fintech history. The transactions value the London-based
fintech at $45 billion.
Mubadala, Goldman Clients
Buy Into $45 Billion Revolut Deal
The share
sale, initially restricted to current employees, expanded to include early
backers and former staff through two extended rounds. CEO Nik Storonsky
realized between $200 million and $300 million from the initial offering,
according to the Financial Times.
Abu Dhabi's
sovereign wealth fund Mubadala made its debut investment in Revolut during the
sale, while Goldman Sachs private banking clients joined in the second round.
Early venture capital investors accounted for approximately $500 million of the
total sales volume.
“We are
incredibly proud to reach this important milestone in the journey of the
company,” commented Revolut's CEO and Co-Founder, Storonsky, in July 2024. “We
will ensure we deliver on making Revolut the bank of choice for UK customers.”
Last month,
Revolut launched UK and EU stock trading under its latest license, entering
into competition with firms like Trading212 and Freetrade. However, the company
is not stopping there and is now seeking a license in New Zealand as well.
Why have Revolut staff and
early investors sold nearly $1 billion in stock?
Revolut
staff and early investors have sold nearly $1 billion in stock since August for
several key reasons:
To
capitalize on the company's increased valuation following its UK banking
license approval.
To provide
liquidity to long-serving employees, allowing them to realize the benefits of
the company's success.
To attract
new institutional investors while retaining existing ones, as evidenced by the
participation of Coatue, D1 Capital Partners, and Tiger Global in the secondary
share sale.
To
demonstrate confidence in Revolut's financial performance, with the company
reporting $2.2 billion in revenue for 2023 and a record profit before tax of
$545 million.
To set a
valuation benchmark of $45 billion, which represents a significant increase
from its previous $33 billion valuation in 2021.
This
secondary share sale reflects Revolut's growth trajectory and serves as a
strategic move to reward employees and attract investors.
Is Revolut on the stock
market?
Revolut is
not currently listed on any stock market. The company remains privately held
and has not yet conducted an initial public offering (IPO).
While there
has been speculation about a potential Revolut IPO, the company has not
officially announced plans or a timeline for going public. CEO Nik Storonsky
has indicated that an IPO could be considered in the next few years, depending
on market conditions and the company's growth.
Early
investors and employees of digital banking giant Revolut have sold nearly $1
billion worth of shares since August, marking one of the largest private
secondary sales in fintech history. The transactions value the London-based
fintech at $45 billion.
Mubadala, Goldman Clients
Buy Into $45 Billion Revolut Deal
The share
sale, initially restricted to current employees, expanded to include early
backers and former staff through two extended rounds. CEO Nik Storonsky
realized between $200 million and $300 million from the initial offering,
according to the Financial Times.
Abu Dhabi's
sovereign wealth fund Mubadala made its debut investment in Revolut during the
sale, while Goldman Sachs private banking clients joined in the second round.
Early venture capital investors accounted for approximately $500 million of the
total sales volume.
“We are
incredibly proud to reach this important milestone in the journey of the
company,” commented Revolut's CEO and Co-Founder, Storonsky, in July 2024. “We
will ensure we deliver on making Revolut the bank of choice for UK customers.”
Last month,
Revolut launched UK and EU stock trading under its latest license, entering
into competition with firms like Trading212 and Freetrade. However, the company
is not stopping there and is now seeking a license in New Zealand as well.
Why have Revolut staff and
early investors sold nearly $1 billion in stock?
Revolut
staff and early investors have sold nearly $1 billion in stock since August for
several key reasons:
To
capitalize on the company's increased valuation following its UK banking
license approval.
To provide
liquidity to long-serving employees, allowing them to realize the benefits of
the company's success.
To attract
new institutional investors while retaining existing ones, as evidenced by the
participation of Coatue, D1 Capital Partners, and Tiger Global in the secondary
share sale.
To
demonstrate confidence in Revolut's financial performance, with the company
reporting $2.2 billion in revenue for 2023 and a record profit before tax of
$545 million.
To set a
valuation benchmark of $45 billion, which represents a significant increase
from its previous $33 billion valuation in 2021.
This
secondary share sale reflects Revolut's growth trajectory and serves as a
strategic move to reward employees and attract investors.
Is Revolut on the stock
market?
Revolut is
not currently listed on any stock market. The company remains privately held
and has not yet conducted an initial public offering (IPO).
While there
has been speculation about a potential Revolut IPO, the company has not
officially announced plans or a timeline for going public. CEO Nik Storonsky
has indicated that an IPO could be considered in the next few years, depending
on market conditions and the company's growth.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Barclays Backs United Fintech as Fifth Banking Giant Joins Board
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
