Digital Bank, Revolut Triples its Valuation to $5.5 Billion

Investingport
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture capital firm led the investment round. TCV was an early investor of Facebook, Netflix and a host of others. The last valuation of Revolut stood at $1.7 billion in April 2018. With its current valuation at $5.5 billion, it follows that Revolut’s valuation has tripled from its last valuation. Currently, the digital bank has gotten an extra $500 million in the bank and with the latest round of…
Source: Digital Bank, Revolut Triples its Valuation to .5 Billion

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