25 February 2020

Revolut is UK’s most valuable FinTech startup

Written By FinTech Alliance in Investment

Revolut is UK’s most valuable FinTech startup

Revolut has become the most valuable financial technology startup in the UK.

In Brief:

  • The company is now valued at £4.2bn.

  • This follows a funding round that raised £387mn.

  • Value has been tripled since before the round.

What does this mean?

Revolut is now valued higher than its UK rival Monzo, which was valued at £2.2bn last year. The company has 23 offices around the world and has grown to 2,000 staff. The recently raised funding will expand the workforce even further to a projected 5,000.

Read more here.

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