NVIDIA's Venture Capital Arm to Invest Nearly $200 Million in Digital Bank Revolut

BlockBeats News, July 17th, a confirmation statement disclosed by the UK Companies House revealed that an entity, suspected to be affiliated with NVIDIA's venture capital arm NVentures LLC, holds approximately 141,834 shares in Revolut. Based on the issuance price disclosed in Revolut's latest funding round, this stake is valued at around $195.9 million.

Prior to this, neither NVIDIA nor Revolut had publicly disclosed the specific investment amount and shareholding size of NVentures in the company. This document disclosure indicates that NVIDIA is further expanding its presence in the fintech sector through strategic investments.

Founded in 2015, Revolut is one of Europe's leading digital banking platforms, offering services in payments, foreign exchange, investments, and crypto assets. In recent years, NVIDIA has consistently invested through NVentures in AI, fintech, and next-generation internet infrastructure companies. This investment in Revolut is also seen as part of its expansion into the AI and digital finance ecosystem. (TechFundingNews)