4 years ago
Revolut Becomes UK's Most Valuable Fintech with $800M Raise
Revolut, a London-based banking and payments app, has raised $800 million in a Series E funding round led by SoftBank Vision Fund and Tiger Global Management
The investment values the company at $33 billion, making it the most valuable fintech in UK history
Revolut plans to use the funding to expand its product offerings, grow its customer base in the US and India, and enter new international markets.
ProblemFinancial Services
"Traditional banks are slow, expensive, and difficult to use. They don't offer the features and flexibility that people need in today's world."
Solution
"Revolut is a global financial superapp that offers a wide range of financial services, including banking, payments, investments, and insurance, all in one place. It's designed to be fast, easy to use, and affordable, with low and transparent fees."