Revolut $250 million Series C financing round

4/5/2018
Fund raising

$ 250 million

Announced

4/5/2018


Overview:

  • Revolut has undertaken a $250 million Series C financing round.
  • The deal brings the firm's post-money valuation to $1.7 billion.
  • DST Global has led the investment together with Index Ventures, Ribbit Capital, GFC Global, Sprints Capital, Draper Esprit, Lakestar and Baring Vostok.
  • The fund manager is the developer of a mobile application which enables currencies exchange at interbank rates.

Katrin Kostadinova - Data analyst

Jurisdiction:

United Kingdom

Deal type:

Fund raising

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Financial services


Firm:

Party: Revolut (Fund manager)