Revolut Raises $800M in Series E; Valued at $33 Billion
- Revolut, a London, UK-based provider of financial app and platform, raised $800m in Series E funding round, which valued the business at $33 billion
- Backers included new investors SoftBank Vision Fund 2 and Tiger Global Management
- The company provides a global financial app for people and businesses
- Today, more than 16 million customers around the world use dozens of its innovative products to make more than 150 million transactions a month
- In June, the company released its Annual Report for the year ending 31 December 2020, revealing a adjusted revenue up by 57% year on year
- The international expansion continued with the launch of services in the US, Australia and Japan