Fintech
Revolut Sees Tiger’s Backing as a Vote of Confidence in Fintech
Limited Liability CompanyInterviews with Global Tiger Management The possibility of the venture capital giant leading an imminent share sale is the latest sign that investors are warming to fintechs again, according to Francesca Carlesi, the startup’s UK head.
The tiger is in negotiationsBloomberg Terminal to lead the share sale, which will be a secondary offering, meaning it will not involve the issuance of new shares, but rather involve employees in the sale of existing shares. Revolut has hired Morgan Stanley to facilitate the sale, which could value Revolut at more than $40 billion.