Revolut’s $115 billion secondary share sale mints Europe’s first centicorn 🇪🇺🦄; OpenAI filed for its IPO because Anthropic filed first 🤑📈

FinTech is Eating the World, 9 June

Hey Everyone,

Good morning & happy Tuesday! Today, all eyes are on FinTech giant Revolut, which is about to become Europe’s first centicorn (what the $750M-$2B secondary share sale at a $115B valuation is all about, why it matters & what to expect next + bonus deep dives into the latest financials of Revolut, Monzo, and Starling, & the list of top 100 AI & tech VCs of 2026 inside), and OpenAI that finally filed the paperwork for its blockbuster IPO (why listing after Anthropic could be critical, and why all eyes should actually be on SpaceX here + a closer look at the most dangerous IPO wave since 1999 & how OpenAI turned Codex into a Wall Street analyst inside). So let’s jump straight into the fascinating stuff 🌶️

Revolut’s $115 billion secondary share sale mints Europe’s first centicorn 🇪🇺🦄

Following the money 💸 FinTech giant Revolut is about to become Europe’s first centicorn, and Klarna KLAR 0.00%↑ shareholders might want to look away.

The London-based fintech is preparing a secondary share sale at a valuation of up to $115 billion, a 53% leap from the $75 billion it commanded just in November 2025. Investor demand is already strong enough to push the deal well past its initial $750 million target. Wild, but not too surprising… 😳

On the surface, the numbers tell a clean & impressive growth story: $6 billion in revenue, $2.3 billion in pre-tax profit, and a trajectory that would make Revolut the most valuable private fintech on the planet.

But underneath the centicorn milestone sits a messier picture involving a co-founder’s sudden departure, a high-stakes U.S. bank charter application, and the uncomfortable reality that the last European fintech IPO of this magnitude ended in a bloodbath.

Let’s take a closer look at this, understand why it matters, and what to watch next.