London based digital banking company raised additional $80m to extend its Series D to $580m at a valuation of $5.5b led by TCV.
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Revolut extends Series D round to $580m with $80m in new funding
The company says it’ll use the investment to add new features in the U.S. and roll out banking operations across Europe — you can expect local banking details in multiple European countries. Eventually, Revolut also plans to offer credit products across Europe. In addition to that, Revolut is working on a subscription management tool. It lets you see all your active subscriptions, cancel them from Revolut and receive alerts when a free trial ends. There are now 12 million registered users on Revolut.
