Revolut valued at $33bn to become UK’s biggest-ever private tech group

Revolut, the London-based digital banking start-up, has raised $800m in a funding round that makes it the UK’s most valuable private tech company of all time. The deal, led by SoftBank’s Vision Fund 2 and Tiger Global Management, values the six-year-old company at $33bn (£23.9bn), six times more than at its last fundraising in early […]

Revolut in Talks With SoftBank for Investment at $30B+ Valuation

U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm between $30 billion and $40 billion. Revolut and its advisers have asked investors at SoftBank’s Vision Fund 2 to submit proposals for an investment of between $750 million to $1 billion with a deal expected to […]