Revolut Declines $65 Billion Valuation Offer, Prioritizing Long-Term Growth

Financial technology giant Revolut has rejected a significant share sale opportunity that would have propelled its valuation to $65 billion. This strategic decision demonstrates confidence in the company’s long-term growth potential and a commitment to maximizing future value rather than immediate gains. The company’s CEO, Nik Storonsky, took this move further by increasing his own stake in the firm. Revolut reported robust financial performance with $4 billion in revenue and $1 billion in net income for 2024, highlighting its rapid expansion.