Revolut Hits $115bn Valuation Amid Global Expansion Drive
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20 Articles
Revolut, a UK financial services group with a banking license in Lithuania, announces that it has completed its latest investment raising process – its value has increased from 75 billion to 115 billion US dollars.
Revolut secures $115bn price tag after string of licence wins
Revolut has secured its latest milestone valuation following a funding round that included fresh injections from investment giants. The digital banking giant confirmed on Wednesday its price tag has swelled by over 50 per cent to $115bn after a transaction led by Glade Brook Capital Partners, Coatue and Durable Capital Partners. It is the first funding round since Revolut landed a string of new licence approvals, including its coveted UK banking…
Revolut has closed its latest round of funding, valuing the fintech company at $115 billion. The transaction follows the company's intensive international expansion, the acquisition of new banking licenses, and significant revenue and profit growth, the fintech-based bank said. This topic will also be discussed at the Portfolio Banking Technology conference on November 10. Registration and details here!
Revolut is valued at $115 billion after the new investment transaction, with over 80 million customers and expansion of its banking services into new markets.
Revolut announced today the completion of its new round of fundraising, valuing the company at $115 billion.
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