Panos Anagnostopoulos’ Post

Amidst the doom and gloom... It's exciting to see news about Revolut's valuation and what this could mean for the UK economy and the country's ability to foster start-ups and FinTechs. However what is concerning is that, even though founded in the UK, Revolut's leadership team would much rather float the company on the US Stock Exchange, citing it is 'much more liquid'. Surely the government have already learnt a difficult lesson with other companies such as Arm going public in the US and won't let this one slip by? #FinTech #professionalservices #financialservices

Revolut's valuation rises to $45bn from $33bn in 2021! And we are just getting started 🚀 Full FT article here: https://lnkd.in/d93SzWNE Would you like to be part of the growth journey? Get in touch with me to discuss how Revolut Business could partner with your company. #revolut #fintech #revolutbusiness

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: The founder of Revolut is to cash in part of his multibillion dollar stake in the company as part of a $500m (£391m) share sale. Sky News has learnt that Nik Storonsky, who is the FinTech giant's chief executive, plans to offload stock worth tens or even hundreds of millions of dollars in the secondary deal in the coming weeks. City sources said the size of his disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company and its advisers, Morgan Stanley. The exact size of Mr Storonsky's stake is unclear although at the $40bn (£31bn) valuation that Revolut hopes to attract, it would be worth several billion dollars. More info in the source article: https://lnkd.in/e4nm7Xzg Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]

The more important part of this deal for me continues to be this: “Several thousand Revolut employees are understood to have participated in the share sale, according to one insider.” It’s perfectly fine for a founder to cash in on a secondary, especially when they are, at the same time, insisting on giving their team a fair share. Arranging a secondary for the founding team only, and perhaps a couple of insider angels, denying employee option holders from participating, is a move that is guaranteed to backfire at a later point in time. #team #ESOP https://lnkd.in/e2z4cw-d

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: The founder of Revolut is to cash in part of his multibillion dollar stake in the company as part of a $500m (£391m) share sale. Sky News has learnt that Nik Storonsky, who is the FinTech giant's chief executive, plans to offload stock worth tens or even hundreds of millions of dollars in the secondary deal in the coming weeks. City sources said the size of his disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company and its advisers, Morgan Stanley. The exact size of Mr Storonsky's stake is unclear although at the $40bn (£31bn) valuation that Revolut hopes to attract, it would be worth several billion dollars. More info in the source article: https://lnkd.in/e4nm7Xzg Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: The founder of Revolut is to cash in part of his multibillion dollar stake in the company as part of a $500m (£391m) share sale. Sky News has learnt that Nik Storonsky, who is the FinTech giant's chief executive, plans to offload stock worth tens or even hundreds of millions of dollars in the secondary deal in the coming weeks. City sources said the size of his disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company and its advisers, Morgan Stanley. The exact size of Mr Storonsky's stake is unclear although at the $40bn (£31bn) valuation that Revolut hopes to attract, it would be worth several billion dollars. More info in the source article: https://lnkd.in/e4nm7Xzg Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

Nik Storonsky, founder and CEO of Revolut, is set to sell part of his multibillion-dollar stake as part of a $500 million share sale. 🔹 Revolut aims for a valuation of at least $33 billion. 💼 Morgan Stanley to organize the transaction. 🌍 Revolut has over 40 million customers worldwide. 🚀 Rapid growth with revenues nearly doubling to £1.8 billion. 🔒 Awaiting approval for a UK banking license. #Fintech #Investing #Revolut 🔹 Potentially tens or hundreds of millions in stock to be sold. 💰 Revolut’s shareholders include SoftBank’s Vision Fund and Tiger Global. 🕒 Employees may be eligible to sell equity. 📈 Previous secondary sales conducted post-Series E round in 2021. 🌟 Numerous expressions of interest from prospective investors. Revolut founder Storonsky to cash in as part of $500m share sale https://lnkd.in/giPvSiSP

Secondaries investors are obsessed with 'picking winners' 🛸 Some of the investors I speak to are only interested in Revolut and Deel. ☄️ Why? Because they're the only companies who are trying to build a superapp 💰 So their revenues and growth rates reflect that rapid horizontal expansion into 'new bets' 🫸 This makes sense because this kind of growth gets public markets excited. 🛳️ You're more likely to get $100M from Fidelity on IPO if you're aggressively expanding internationally and adding multiple adjacent product offerings. 😇 It's why the public markets like Grab, Uber (no longer just a taxi co), and Tencent. 🔱 The traditional theory is that Revolut and Deel would have had to win their entire home market before doing this - or buy it. 🧤 In reality, Revolut has Monzo and whole long tail of neobanks valued at over $1B, while Deel has Remote ($3B) in its native market. 🎩 As for that long tail, the secondary market is here to stay. 📣 Cashflow-positive private companies with serious revenues are not just going to disappear or get acquired. 🎚️ They're going to continue making money, while people occasionally buy/sell their shares 👑 To be honest, this suits the second tier of companies that will keep growing in their home market, adding an evolution of products / new geographies more conservatively. 🎛️ To adapt to the new reality, these companies need to be less obstructive about sales of their common stock, particularly in UK/Europe. 🔋

Curious about the latest trends reshaping the financial world? Stay ahead of the curve with Lunar Digital Bank's curated updates: https://lnkd.in/dgn7mbkb 👉🏻 Digital banks: 🔸 Klarna's path to $20 Billion #IPO: #Klarna is making waves with its plans for a $20 billion US IPO! Get insights into this #BNPL giant's strategic moves and market positioning. 🔸 Monzo Bank's funding round: Discover how #Monzo raised $610 million in its latest funding round, fueling its mission to redefine #banking for the digital age. 🔸 Revolut's Italian expansion: Revolut becomes Italy's most downloaded financial app, surpassing local players and attracting over 300,000 customers in just four months! More on: Zopa Bank, Littio and Grasshopper Bank 👉🏻 Partnerships - merger and acquisition: 🔸 Banco Sabadell's BBVA merger rejection: Get the latest on Spain's banking landscape as #Sabadell rejects #BBVA's merger proposal, sparking discussions on consolidation in Europe. 🔸 Emirates NBD & Nium collaboration: Discover how Emirates NBD and Nium are teaming up to revolutionize global remittance with seamless cross-border transfers. 🔸 Grab-led GXBank's affordable insurance: Learn about GXBank's partnership with Zurich to offer cost-effective #insurance solutions, backed by Grab and Singtel. 👉🏻 Product expansion & tech innovation: 🔸 Chase's SMB digital solutions: #Chase introduces new digital products to support #SMB growth, including a digital invoicing solution for faster #payments. 🔸 #Revolut's crypto trading platform: Revolut launches #RevolutX, a standalone #crypto trading platform for UK retail customers, amidst regulatory challenges. 🔸 Pockit's credit builder product: Pockit unveils 'Fast Track to Credit,' empowering individuals to improve their credit scores and access broader financial services. 🔸 Astra Tech's palm pay patent: Astra Tech patents palm pay technology, introducing a pioneering contactless payment service in the #UAE and beyond. 👉🏻 Regional expansion: 🔸 Revolut's Middle East plans: Explore Revolut's CEO's vision for expanding into the Middle East, aligning with Dubai's ambitions as a global financial hub. 🔸 Bitpanda MENA launch: Bitpanda announces its expansion into the Middle East with #BitpandaMENA, enhancing digital asset accessibility for millions of investors. Subscribe to our newsletter for exclusive insights and more: https://lnkd.in/dK5ZZu4H #CInnovation #FinTech #DigitalBanking #DigitalBanks

Revolut cements $45bn valuation in employee share sale The financial superapp is now Europe's most valuable privately-owned fintech Revolut has boosted its valuation to $45 billion following an employee share sale, just weeks after securing a UK banking license. Investors like Coatue, D1 Capital Partners L.P. , and Tiger Global Management are backing this London-based fintech, which last raised $800 million in 2021 at a $33 billion valuation. Coatue’s founder, Phillipe Laffont, praised Revolut's ability to scale globally and its commitment to innovation and financial inclusion under CEO Nik Storonsky's leadership. Check out the full piece 👇 by Tom Matsuda Sifted ❤️ Enjoyed this? Share the love with your network! 🗣 Have insights to share on this topic? Please comment! 🎉 Wanna learn more? I'ma message away! Let's get it 🚀 #fintech #innovation #growth #shares