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Revolut offers former staff chance to cash out at 30% discount

Fintech completed funding round at $75bn valuation in November

Revolut has offered to buy back the shares of former employees at a 30 per cent discount to its recent fundraising round, in which the fintech secured a $75bn valuation.

The company has given former staff the chance to sell their shares back to the company at $966.74 each, according to correspondence seen by the Financial Times.

Former employees who took up the offer would be cashing out at a valuation of $52.5bn, a steep discount to the funding round that concluded last month but higher than the last time former employees were given the chance to cash out last year.

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