HomeFinTechRevolut: Raises $800M in Series E; Valued at $33 Billion

Revolut: Raises $800M in Series E; Valued at $33 Billion

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Revolut Raises $800M in Series E; Valued at $33 Billion

  • Revolut, a London, UK-based provider of financial app and platform, raised $800m in Series E funding round, which valued the business at $33 billion
  • Backers included new investors SoftBank Vision Fund 2 and Tiger Global Management
  • The company provides a global financial app for people and businesses
  • Today, more than 16 million customers around the world use dozens of its innovative products to make more than 150 million transactions a month
  • In June, the company released its Annual Report for the year ending 31 December 2020, revealing a adjusted revenue up by 57% year on year
  • The international expansion continued with the launch of services in the US, Australia and Japan
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