Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Molten Ventures sells another stake in Revolut
(Sharecast News) - Venture capital firm said it had sold a further stake in fintech Revolut, generating proceeds of around £63m.
Molten has now realised proceeds of around £120m from its investment in the banking and investment app, delivering a multiple on invested capital of approximately 20 times.
It still holds a stake worth £110m based on the anticipated March 31 year-end valuation.
Reporting by Frank Prenesti for Sharecast.com
See the latest RNS on Investegate
Molten Ventures Shares in this article
Latest News
- LONDON BROKER RATINGS: Tate & Lyle cut; Morgan Stanley raises Burberry
2 mins ago - Prudential buys 75% of Bharti Life Insurance, eyes Airtel partnership
6 mins ago - Bank of England's Greene says central banks can't assume Iran war impact will be temporary
12 mins ago - Advanced Medical Solutions shares sink as TA Associates walks away
13 mins ago - German 10-year bond yield stays at 15-year high amid global bond rout
14 mins ago - Anglo American to sell Australian coal mines for up to $3.9 billion
19 mins ago - IN BRIEF: Standard Chartered names Manus Costello as finance chief
21 mins ago
Related News
Ryanair withholds profit guidance due to poor visibility, surging fuel costs
(Sharecast News) - Ryanair has said it is "far too early" to provide profit guidance for the current financial year as a result of material uncertaint...
Hays appoints Mark Dearnley as full-time CEO
(Sharecast News) - Recruitment firm Hays said it had appointed interim CEO Mark Dearnley to the post on a permanent basis.
Hays
Monday newspaper round-up: Thames Water, NCP, EY, property taxes
(Sharecast News) - The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as ...
Follow the stocks
