Balderton Capital sells about $1 billion worth of Revolut shares, FT reports

(Reuters) -Balderton Capital, a key early investor in London-based Revolut, has sold shares worth hundreds of millions of dollars in the fintech firm, the Financial Times reported on Friday.

The European venture capital firm has sold roughly $1 billion in recent deals, the report said, citing three sources familiar with the transactions.

Reuters could not immediately verify the report.

(Reporting by Bipasha Dey in Bengaluru; Editing by Mohammed Safi Shamsi)