Early Revolut backer Balderton partially cashes out to cement profit
Venture capital firm has sold hundreds of millions of dollars in UK fintech that has enjoyed explosive growth
Venture capital firm has sold hundreds of millions of dollars in UK fintech that has enjoyed explosive growth

Balderton Capital led $75bn fintech’s first funding round and retains substantial stake even after cashing out $2bn

Data from investment bank Houlihan Lokey shows 92% opting to cash out

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient

Fintech completed funding round at $75bn valuation in November

And the public private assets paradox

The UK government must now show it can turn investment into growth