Revolut valued at €28 billion after latest equity raise

The British-based fintech said it will use the funding raised this week to accelerate global growth plans

Founded in 2015, Revolut now boasts more than 16 million customers worldwide using its services for currency exchange and money transfers.

Revolut, the UK-based fintech company, has raised more than €675 million in new funding, valuing the company at around €28 billion.

On Thursday, Revolut announced that it had raised €675 million in new equity as part of a series E funding round from two new investors, Tiger Global Management and SoftBank’s Vision fund. The fundraising makes Revolut the most valuable fintech firm in the UK.

Founded in 2015, Revolut now boasts more than 16 million ...