Revolut valued at $75 billion in latest stock sale

BlockBeats News, November 24th, according to Bloomberg, fintech company Revolut Ltd. reached a valuation of $75 billion in its latest round of stock sales, a significant increase from last year's $45 billion. This funding round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from Nvidia's venture arm NVentures, Andreessen Horowitz, Franklin Templeton, and accounts managed by T. Rowe Price.

Revolut offers services such as checking and savings accounts, international remittances, cryptocurrency, and stock trading.