HUGE: Revolut aims for a $40 billion valuation in a share sale ๐ณ๐; Wise's price-led growth strategy is all that matters ๐๐ธ
FinTech is Eating the World, 20 June
Hey Everyone,
Happy Thursday & upcoming Friday! Due to family commitments, todayโs newsletter is the last daily issue this week. But itโs more than worth it as today weโre looking at Revolut thatโs aiming for a $40 billion valuation (what itโs all about & why itโs huge + unpacking the most important numbers and data so we could see the bigger picture here & some bonus reads on Revolut and its biggest competitors), and Wise which is still misunderstood and undervalued by the public markets (why their price-led growth strategy is all that matters + a bonus deep dive into Wise & why their current stock price could be an early gift for us). Letโs jump straight into the awesome stuff ๐ถ
HUGE: Revolut aims for a $40 billion valuation in a share sale ๐ณ๐
The news ๐๏ธ UK-based financial technology giant Revolut is planning a significant share sale that could value the company at over $40 billion, according to recent reports.
This move comes amid a challenging environment for European FinTech firms and would solidify Revolut's position as Europe's most valuable startup ๐ณ
Letโs take a closer look at this, unpack the most important numbers and data so we can see the bigger picture and what does it tell us.