Saturday, August 17, 2024

UK fintech firm Revolut valued at $45 billion after secondary share sale

British fintech company Revolut announced Friday it had been valued at $45 billion following a secondary share sale, which it said cemented "its position as the most valuable private technology company in Europe". Revolut said Friday it had "signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation."

from Tech-Economic Times https://ift.tt/j8NnftB

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OpenAI Foundation outlines $1 billion push, expands leadership team

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