Revolut has rejected a secondary share sale proposal that would have valued the company at $65 billion, indicating a strategic move to control its valuation narrative ahead of a possible IPO. The company typically targets a ticket size of $500 million for secondary market activities to maintain equity control and prevent market saturation.

Neobank Revolut aims for a $65 billion valuation just one year after securing a $45 billion deal. The ambitious target highlights its rapid growth and expansion in the competitive fintech landscape.

Nik Storonsky, founder of the London-based digital bank Revolut, stands to gain a multi-billion dollar share payout if the company's valuation increases from $45 billion to $150 billion. This incentive deal, which allows him to receive up to 10% of the company, has sparked concerns over shareholder dilution, echoing similar controversial compensation plans in other tech firms.

Revolut's valuation surged to $75 billion following a secondary share sale, allowing employees to sell up to 20% of their shares. The company's significant profit growth and ongoing frustrations with UK regulators have raised speculation about a potential IPO, possibly in New York, which could impact the London Stock Exchange.