Exciting future: Revolut was set up by Nikolay Storonsky in 2015Revolut is to be valued at £35billion as it readies to sell up to nearly £400m worth of shares. The £391m sale is set to solidify its position as Europe's most valuable start-up firm – and make it worth more than Barclays and Lloyds. The first share sale, in 2021, valued it at £26billion. The sale raises the prospect that the lender, based in London, could seek a blockbuster listing in London. Revolut was set up by Nikolay Storonsky in 2015 and has 9m UK clients.

Source: Daily Mail August 02, 2024 20:55 UTC