Neobank Revolut seeks $65B valuation, a year after its $45B deal
Revolut, a UK-based fintech company, is seeking to raise $1 billion in a new funding round, potentially valuing the company at $65 billion, with Greenoaks leading the investment.
MAIN POINTS
- Revolut aims for a $65 billion valuation in its latest funding round.
- The company plans to raise $1 billion by issuing and selling shares.
- Greenoaks, a US-based firm, is reportedly leading the funding round.
- Revolut is a prominent fintech company based in the UK.
TAKEAWAYS
- Revolut's new funding round could significantly boost its market valuation.
- The involvement of Greenoaks highlights strong US interest in Revolut.
- Issuing new shares is a key strategy for Revolut's capital raise.
- The funding round reflects Revolut's growth and prominence in the fintech sector.