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33m 50s ago
Revolut Valued at $75 Billion in Latest Funding Round as It Expands Cryptocurrency and Stock Trading Services
COINOTAG News, reporting on November 24 and citing Bloomberg, notes that Revolut, a leading fintech platform, has achieved a valuation of $75 billion in its latest equity round, a notable uplift from roughly $45 billion a year earlier.
The round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from NVentures (Nvidia), Andreessen Horowitz, Franklin Templeton, and accounts advised by T. Rowe Price.
Revolut offers a diversified suite of services, including checking and savings accounts, international remittances, cryptocurrency trading, and stock trading, reflecting its broader financial technology platform and its appeal to a wide range of customers.
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