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 […]

SoftBank Aims to Invest $1 Billion in Latin America This Year

SoftBank Group Corp. aims to invest about $1 billion from its Latin American private equity fund this year, as the Covid-19 pandemic helps to speed up growth from technology companies in the region. “We are looking at many opportunities right now, including agricultural tech firms,” the fund’s manager Paulo Passoni said. The $5 billion fund […]