Revolut Acquires Shares Back From Investors, Pursue Private Status

British fintech company Revolut has initiated its first share repurchase program, allowing qualified investors to sell up to 10% of their shares. The move aims to solidify the company’s private status for an extended period. This initiative complements a secondary stock offering launched on Monday, where employees can sell up to 20% of their shares to both new and existing supporters. Revolut is also in discussions with firms like Greenoaks Capital for further funding opportunities.