Revolut strengthens team to sell its shares without intermediaries - Bloomberg

British fintech service Revolut has decided to strengthen its corporate development team to conduct its own secondary sales of shares and less often involve banks from Wall Street. This was reported by Bloomberg.

After successfully orchestrating a deal in-house that allowed the company to reach a $75 billion valuation last year, the fintech is now looking for an investment banker, asset manager or someone with venture capital experience in London to support similar transactions, including potential mergers and acquisitions, Bloomberg has learned from posted job openings.

Revolut has previously worked with Morgan Stanley: for example, the bank acted as sole agent in the sale of fintech shares in 2024, when the company was valued at $45 billion. But since then, Revolut has appointed a small group of employees in London and New York to work on such transactions independently, sources told Bloomberg.

Secondary share sales are becoming especially important as fintechs take their time to complete IPOs. Usually such transactions are conducted by banks, but self-organization allows companies to better control the process and avoid commissions, Bloomberg explained.

In recent months, Revolut has conducted several share sales with different valuations, which brought the company hundreds of millions of dollars in arbitrage profits, Bloomberg estimates. First, in August 2025, investors were offered to sell shares at a valuation of $45 billion, then in September, employees were allowed to sell up to 20% of their stakes based on a valuation of $75 billion, the agency wrote. In December, former employees were offered a buyout at a price 30% lower, which corresponded to a valuation of $52.5 billion, according to the publication's sources. From August through December, the company bought back at least 3.14 million shares and sold about 2.89 million securities, the agency says.

Founded in 2015, Revolut serves more than 70 million customers worldwide. The company is known for actively deploying proprietary technology in its internal processes and is now extending that approach to financial strategy and transactions. Last month, the fintech launched its first full-fledged banking operations outside of Europe - in Mexico.

This article was AI-translated and verified by a human editor