PHOTO
A photograph arranged as an illustration in London on April 21, 2023 shows a detail of a card from mobile phone app-based "neo-bank" Revolut. From digital bank Revolut to money-transfer group Wise and payments company Checkout, London is Europe's fintech champion and intends on keeping its crown despite Brexit fallout and declining investments. (Photo by JUSTIN TALLIS / AFP)
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, the global financial technology company with over 45 million customers worldwide, has signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation," it said in a statement.
