Revolut eyes valuation of up to $200B in eventual IPO
Fintech giant Revolut, which secured a full banking license in the U.K. in March after years of waiting, was most recently valued at $75 billion in a secondary share sale.
Revolut hits $75B valuation in new capital raise
The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.
UK is delaying Revolut’s banking license over risk management concerns
Revolut’s full banking license is on hold because U.K.’s central bank is concerned whether the startup can maintain its risk controls in the face of its rapid international expansion.
Revolut aims to take on Indian banks and their ‘criminal’ forex fees
Revolut plans to onboard 20 million users in India by 2030 and process more than $7 billion in transactions.
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Neobank Revolut seeks $65B valuation, a year after its $45B deal
Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and sel…