Revolut Seeks $1B at a $65B Valuation It Previously Rejected
Hey Digital Banking Fanatic!
It’s been a tough week to keep up with all of Revolut’s updates, from the Alipay partnership and Mubadala’s $100M investment, to the UK ISA launch and more… and it doesn’t seem to be slowing down!
According to the Financial Times, Revolut is reportedly now seeking to raise $1B at a $65B valuation. Interestingly, just 2 months after it was said to have turned down that same valuation... 🤔
But that means it has now overtaken Nubank in valuation 🤯
A little treat for you, in case you'd like to see how Revolut compares to Nubank, we got it covered, so scroll down for more 👇
See you on Monday!
Cheers,
INSIGHTS
📈 Revolut’s new $65B valuation puts it above Nubank's valuation 🤯
Time for a comparison on Key Stats - Revolut 🆚 Nubank:
NEWS
🇮🇹 The Italian Competition Authority has opened an investigation into Revolut. Regarding investment services, Revolut allegedly promoted the option of investing in shares, highlighting the absence of commissions and failing to clarify the presence of additional costs and the limitations that characterize commission-free investments.
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