According to Sky News, Revolut, a British digital banking app, has raised roughly US$800 million in a funding round headed by Softbank’s Vision Fund and Tiger Global Management. According to Sky News, the fast-growing company is valued at roughly US$33 billion, making it one of Europe’s most valuable financial technology enterprises.
A request for comment from Revolut was not immediately returned.
(Lawrence White contributed reporting, and Jason Neely edited the piece.)
Reuters is the source of this information./nRead More