Technology

Revolut’s valuation jumps 53% to $115B in new share sale as it prepares to launch US bank

Summary

Fintech firm Revolut saw its valuation increase by 53 percent to reach 115 billion dollars following a recent share sale. Several major investment funds, including Coatue, Glade Brook, and T. Rowe Price, led the financing round as the company prepares to introduce a bank in the United States.

Glade Brook, Coatue and T. Rowe Price were among the investors that led the share sale.

Source: Read the full story at TechCrunch

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