Schroder UK Public Private Trust (SUPP) plc has invested $13.7mn in Revolut.
In Brief:
SUPP was formerly Woodford Patient Capital trust.
It’s the trusts second investment since the change/
It has previously invested in cybersecurity firm Tessian.
What does this mean?
The investment is part of an $800mn funding round, led by SoftBank Vision Fund 2 and Tiger Global Management.