Irish VC firm Molten Ventures' Revolut stake doubles to £160M, raising Revolut's valuation to $45B.
Irish VC firm Molten Ventures' stake in fintech Revolut has more than doubled to £160M after a secondary share sale, raising Revolut's valuation to $45B. The increase in carrying value reflects Molten's belief in a prudent approach to NAV and suggests an upside for investors. Revolut's shares rose 1.3% in London, and the final impact on Molten's NAV will be detailed in interim results on 30 September 2024.
August 21, 2024
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