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Revolut faces investor pressure for share sale before $1B profit report – TON BOT

Revolut faces investor pressure for share sale before $1B profit report

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Investors are pushing Revolut to consider a secondary share sale as new stakeholders seek entry into the fintech firm. Sources say the company could be valued at $60 billion, up from $45 billion six months ago. Revolut is not yet offering shares but is expected to report $1 billion in pre-tax profit for 2024. Despite investor interest, the company is unlikely to pursue an IPO before 2026, leaning towards a US listing. Revolut has seen positive growth, surpassing 50 million customers globally and receiving a restricted banking license from the UK’s PRA.

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