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Revolut hits $75B valuation in new capital raise

Revolut has raised new funding in a share sale that values it at $75 billion, positioning the British neobank as one of Europe’s most valuable private tech companies. The company said on Monday the deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised … Read more

Revolut launches secondary stock sale at $75B valuation

Revolut has begun a secondary share sale valuing the fintech at $75 billion, allowing employees to sell up to 20% of their holdings in one of Europe’s largest private tech transactions to date.  Summary Revolut has launched a $75B secondary sale, letting employees sell 20% of their shares. The company nearly doubled revenue and profit … Read more

Hochul signs bill that will charge energy firms $75B, but critics say customers will really foot the tab

Today New York Governor Kathy Hochul signed into law the Climate Change Superfund Act, which will charge oil and gas firms an estimated $75 billion over the next 25 years. The controversial measure, sponsored by Senator Liz Krueger and Assembly Member Jeffrey Dinowitz, is modeled on federal and state superfund laws, which charge firms accused … Read more

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