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Revolut's $45 Billion Valuation After Secondary Market Sale
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Revolut, a U.K.-based neobank, is now valued at $45 billion following a secondary market share sale. The company has secured banking licenses in the U.K. and Mexico. Revolut provides multi-currency accounts, crypto products, and more. It is aiming for a U.S. IPO, although the U.K. government favors a domestic listing.
Neobank: A digital-only bank without physical branches, offering traditional banking services through apps.
Scores | Value | Explanation |
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Objectivity | 6 | Comprehensive reporting with in-depth analysis. |
Social Impact | 4 | Strong social discussion, influencing some public opinion. |
Credibility | 5 | Solid evidence from authoritative sources. |
Potential | 5 | Very high potential to trigger a larger event. |
Practicality | 4 | Highly practical, applicable to real problems. |
Entertainment Value | 3 | Some entertainment value, attracts a portion of the audience. |