Revolut reportedly targeting valuation of more than £32bn in share sale

Revolut is reportedly targeting a valuation of more than £32billion in a share sale that would make it worth more than NatWest.

The British fintech start-up plans to sell around £395m worth of stock as it continues to expand, according to the Financial Times.

It would see the firm valued at around a fifth higher than the £26billion price tag it achieved in a previous funding round in 2021.

Big ideas: Revolut plans to sell around £395m worth of stock as it continues to expand

The move would also see the group valued above NatWest, which was worth just under £27billion at its latest share price.

But Revolut is still waiting for its UK banking licence to be approved – despite claiming more than a year ago that it was imminent.

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