The deal makes Revolut the world's second-most valuable privately owned fintech company, behind Stripe, and also positions Revolut as the U.K.'s second-most valuable bank, behind HSBC, but ahead of Barclays, Lloyds and NatWest. The round was led by Coatue, D1 Capital Partners, and existing investor Tiger Global.
Nik Storonsky, CEO of Revolut, commented: “We’re delighted to provide the opportunity to our employees to realise the benefits of the company's collective success. It’s their hard work, innovation, and dedication that has driven us to become the most valuable private technology company in Europe. We’re also excited to partner with several new investors who share our vision as we continue our journey to redefine the banking landscape as we’ve known it.”
