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Fintech

Revolut valued at $33bn after SoftBank injection as UK’s most valuable fintech

Funding to be used for global expansion and development of new bets in crypto and digital wealth management

Revolut plans to use the funding to power its global expansion effort, which has seen it open up in the US and India as its most recent markets
Revolut plans to use the funding to power its global expansion effort, which has seen it open up in the US and India as its most recent markets Photo: NurPhoto via Getty Images

Digital bank Revolut has raised $800m in fresh capital, making it one of the world’s most valuable fintech businesses at $33bn.

The round brought on Japanese mega investor SoftBank via its offshoot Vision Fund 2 and Silicon Valley’s Tiger Global as new backers of the startup. 

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