Revolut is UK’s most valuable FinTech startup

February 25, 2020 | Investment

Written by FinTech Alliance

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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