PANews reported on November 24th that, according to Bloomberg, digital bank Revolut has reached a valuation of $75 billion in its latest equity sale, a significant increase from $45 billion last year. The round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Investments, with participation from Nvidia's NVentures, a16z, Franklin Templeton, and T. Rowe Price. Revolut plans to invest $13 billion, aiming to expand to 100 markets, reach 100 million users, and obtain global regulatory approvals. This marks the fifth time employees have been granted permission to sell shares.PANews reported on November 24th that, according to Bloomberg, digital bank Revolut has reached a valuation of $75 billion in its latest equity sale, a significant increase from $45 billion last year. The round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Investments, with participation from Nvidia's NVentures, a16z, Franklin Templeton, and T. Rowe Price. Revolut plans to invest $13 billion, aiming to expand to 100 markets, reach 100 million users, and obtain global regulatory approvals. This marks the fifth time employees have been granted permission to sell shares.
Digital bank Revolut's valuation rose to $75 billion in its latest equity sale.
PANews reported on November 24th that, according to Bloomberg, digital bank Revolut has reached a valuation of $75 billion in its latest equity sale, a significant increase from $45 billion last year. The round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Investments, with participation from Nvidia's NVentures, a16z, Franklin Templeton, and T. Rowe Price. Revolut plans to invest $13 billion, aiming to expand to 100 markets, reach 100 million users, and obtain global regulatory approvals. This marks the fifth time employees have been granted permission to sell shares.
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