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TEXXR

Chronicles

The story behind the story

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Revolut, a UK-based digital bank and payments company, raises $500M led by TCV at a $5.5B valuation, up 3x from April 2018, bringing its total raised to $836M

- Revolut has raised $500 million in a funding round led by TCV, an early investor in Facebook and Netflix.

CNBC Ryan Browne

Discussion

  • @jpwiseuk James Wise on x
    In < 5 years the team @RevolutApp have built a service that serves 10M+ users, saves them £100Ms+ in fx fees & makes finance radically more accessible. It's the fastest growing co in UK tech, and they are just getting started. Congrats team @RevolutApp: https://www.ft.com/...
  • @borrellpepe Pepe Borrell on x
    WOW. in July 2016 Revolut raised £1m from 433 investors through @Crowdcube. At that point the company was valued at ~£42m. 🤑 https://techcrunch.com/... vía @techcrunch