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Revolut in talks to raise new funding at $65b valuation

The UK-based financial technology group is in discussions to raise about $1b of funding via newly issued shares and the sale of some existing stock, in a transaction that would fuel global expansion for Europe's most valuable start-up. The US investment firm Greenoaks is in talks to lead the private funding round, one person said.

The US investment firm Greenoaks is in talks to lead the private funding round, one person said, cautioning that details had not been finalised.