PE Deals Logo
PE Deals UK M&A Brokers & VC
Back to Deals
Revolut
Value £390,000,000

Revolut

VC Funding
Series A £100m+
Fintech Published 18 August 2024

Summary

Revolut has executed a £390 million share sale, valuing the fintech company at £35 billion as it advances its growth strategy and prepares for a potential IPO. The transaction involved new investors Coatue and D1 Capital Partners alongside existing backer Tiger Global, enabling employee liquidity and reinforcing the company's position in the competitive fintech landscape.

Summary of transaction details:

  • Value: £390 million
  • Sector: Fintech
  • Advisor: N/A
  • Key Entities: Revolut, Coatue, D1 Capital Partners, Tiger Global
  • Location: London, UK

Note: The funding round reflects Revolut's strategic expansion into lending and international markets following its UK banking licence acquisition, positioning it as a direct competitor to traditional high street banks.

Original Source

View the original press release or news article describing this transaction in full.

Read Original Post

AI Insight Lenses

Pro

AI-generated analysis from four professional perspectives. Powered by PE Deals.

Sign in to unlock AI Lenses

Sign in

Sign in to submit corrections

Free to all registered users.