Abu Dhabi sovereign fund in talks to buy $100m Revolut stake

Abu Dhabi sovereign fund in talks to buy $100m Revolut stake

Mubadala, the UAE-based investor, is in advanced discussions to add to the stake it acquired last year in one of the world's most valuable digital banks, Sky News learns.

Mubadala in talks to buy $100m stake in Revolut – report

Mubadala, the investment arm of the Abu Dhabi government, is in advanced negotiations to purchase a $100m stake in Revolut from current shareholders, reported Skynews.   This transaction would follow a previous investment by Mubadala in the digital bank.  The identity of the selling shareholders in Revolut has not been disclosed, but it is understood that technology investor Balderton, an early backer of Revolut, may be among those looking to se…

Abu Dhabi’s Mubadala In Talks To Acquire $100M Stake In Revolut » News.ng

Mubadala, Abu Dhabi’s sovereign wealth fund, is reportedly considering a $100 million investment in Revolut, the UK-based fintech firm known for its digital banking and crypto exchange services. According to sources familiar with the matter, the potential stake would come through the purchase of existing shares from early investors. This wouldn’t be Mubadala’s first interaction with Revolut. The fund participated in a $400 million private share …

Fintech firm Revolut opens tech hub in Manila to boost global operations

Revolut, a financial technology company, has launched a technology hub in the Philippines to support its global operations and foster innovation. The Manila-based hub will serve as a strategic part of Revolut’s international network, giving the company access to skilled talent and improving operational efficiency. “Revolut’s decision to build a tech hub in the Philippines […] The post Fintech firm Revolut opens tech hub in Manila to boost global…

Mubadala looking at $100 million increase in its Revolut stake

Revolut now reports having more than 60 million retail users and 500,000+ business customers in the UK and worldwide.