Revolut’s valuation has risen 53% to $115 billion through a new share sale, according to TechCrunch, as the fintech prepares to launch a U.S. bank.
Glade Brook, Coatue and T. Rowe Price were among the investors that led the share sale, TechCrunch reported. The transaction gives Revolut a significantly higher valuation ahead of its planned expansion into U.S. banking.