Huge funding round values Revolut at £24bn
Digital banking firm Revolut has been valued at £24 billion in a fresh round of funding. The London-based company raised £579 million from Japan’s SoftBank and New York-based Tiger Global Management, which collectively hold less than 5% of its stock. The valuation puts it ahead of ‘Big Four’ UK bank NatWest, while Revolut is worth 70% of Lloyds’ stock market valuation. Revolut is now more … Continue reading Huge funding round values Revolut at £24bn
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