in 2015 the established company became one of the first to introduce financial services to customers via smartphones, initially focusing on enabling customers to easily exchange currency and transfer funds.
Revolut said Friday that it has “signed agreements with several technology investors to provide liquidity to employees following a secondary share sale and raise $45 billion.” value of US dollars”.
The funding includes Coatue, D1 Capital Partners and existing investor Tiger Global. According to Revolut, the funding provided an opportunity for existing employees to “turn their contribution to the development of Revolut into capital.”
At the end of July, Revolut announced that it had received a UK banking license “subject to certain restrictions” from the UK’s industry watchdog, a milestone as it waits for the company to be recognized as an official bank in its home country.
Revolut has a license to conduct banking activities in Lithuania, which belongs to the euro zone, from 2021.
Last year, Revolut’s revenue almost doubled to 1.8 billion. pounds, and the profit reached 344 million. pounds, according to an annual report published in July.
The rapid increase in the number of customers had a particularly strong influence on such performance results – last year the company was able to attract 12 million. new customers, and the total number of customers served by it reached 38 million at the end of December.
As of June, the company’s customer base has since grown to 45 million.
2024-08-17 02:31:07