1000+ Startup, SME's & Enterprises
February 25, 2020

Revolut Triples Valuation to $5.5 Billion after raising $500 Million

Consult Our Experts

Table of Contents

Recently, the startup from Fintech named Revolut is able to increase its large series D round of funding. It raises its funding to $500 million. It helps in increasing the market value of the company as valuing the Revolut startup at %5.5 billion. In the last few years, Revolut able to increase $836 million in total revenue.

From some reports, it was found that few leading investors are showing their interest in funding round, but the important thing is that Revolut isn’t sharing the name of investors. Some of the previous investors on the funding round include Index Ventures, DST Global, Balderton Capital, and many more.

CTA

Some of you are not familiar with the Revolut startup; it is a company providing the financial services alternative to traditional bank accounts. Using it, you can easily open an account through an app. After that, you are able to send, receive, and spend money through the app or you can use a debit card.

Also Read: Fintech Startups Earned $34B in 2019

The best thing about the Revolut is that it added lots of features to helps its users with the help of its partners or built in-house. Using it, you can assure your phone, also get travel and medical insurance packages, buy shares, save money, buy cryptocurrencies, donate to charities, and many more.

Revolut Triples Valuation

Currently, Revolut has around 10 million users and most of them are from Europe and the U.K. The important thing to notice about it is that the company never shares data when it comes to active users and transaction volume. But still, some data is disclosed from the reports like total users has grown by around 170% in 2019, monthly active users also grew around 380%, the revenue of the company also raised up to 350% in 2018, and more.

After increasing its market value, the company said that it will now focus on enhancing its products and revenue. It is planning to make it more useful to users. Now you can expect advanced services for customers and companies using Revolut Company for business. The company provides all its new services to the customers of the U.K. which means customers from other countries don’t have the same features to use. But the company said that it is planning to launch its all services for everyone.

Currently, more than 2000 people working for the company to develop a global financial platform. The company is trying to create a platform where all of its users easily manage their daily financial needs using our app. It is trying to enhance the banking operations in Europe by increasing its users and revenue, CEO Nik Storonsky added in its interview.

Recently, the company is working on a few countries, but it announced plans to expand its reach in other countries. The major focus of the company is towards the U.S. and Japan.

DisclaimerCTA

Hire Our Development Experts.

    About Author


    Anshul Sharma is the visionary CEO of Fluper, the leading mobile app development company known for its innovative solutions and cutting-edge mobile applications. With a relentless drive for excellence and a deep understanding of the tech industry, Anshul leads Fluper with a focus on delivering value-driven products that transform businesses. Under his leadership, Fluper has become synonymous with quality, reliability, and innovation in the digital space.

    Anshul Sharma

    What Makes Fluper Different?

    Fluper is not an idea but an initiative to bring transformation aided by technology
    Learning with a team of seasoned experts and agile thinkers is a real-life experience.

    15+ Million

    Users Engagement

    Guaranteed

    Project Delivery

    Free

    Business Analysis

    Project

    Penalty Enforcement

    IBM

    Certified Partners

    1000+

    Projects Delivered

    16+ Years of

    Of IT Exposure

    Support

    24*7 Availability
    Our Blogs
         

    Transform Your Business With Insights on Digitalization, Automation, Technology Integration and ICT Trends.

    May, 20.2024

    App Development:

    Android apps that are dangerous for
    you, check now how to be safe!

    Read More

    Client's Testimonial

    We’ve been lucky to collaborate and deliver transformation
    with a long list of overseas clients.

    Their Statements are Proud
    Testaments to our Dedication

    Fluper is the best ICT Company that navigates the digital frontier with unmatched solutions pursuit for excellence. Undoubtedly, there is an intense contribution of agile thinkers and growth facilitators behind the screens of our developing excellence.

    • 4.5/5.0
    • 4.8/5.0
    • 4.9/5.0
    • 4.6/5.0
    • 4.8/5.0
    • 4.9/5.0

    1000+ Startups, SMEs & Enterprises

    Launch your Million Dollar Business Idea Into a Successful Growth Story.
    • Free Marketing

    • 2.5 Year Post Launch Assistance

    • Money Back Guarantee

    • Real-Time tracking & Support

    Schedule Call

    Our Global Presence

    500+

    Startups

    300+

    SMEs

    200+

    Enterprises

    We Built

    1000+

    Brands Globally

    30+

    Countries Served

    Office Address

    C- 142, Sector 63 Rd, C Block, Sector 63, Noida, Uttar Pradesh 201301

    Call Fluper

    IND: +91-959-955-1432

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +91-9599551432

    Office Address

    104 Yes Business Tower, Al Barsha 1 Dubai

    Call Fluper

    UAE: +971-54-700-4175

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +971-54-700-4175

    Office Address

    Building 1913 2nd Floor, Manama, Bahrain

    Call Fluper

    Bahrain: +973-3222-0548

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +973-3222-0548

    Office Address

    Level 23, Collins Square Tower Five, 727 Collins Street Postcode VIC 3008 Melbourne Oceania Australia

    Call Fluper

    Australia: +61-29-1919-752

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +61-29-1919-752

    Office Address

    120 High Road, East Finchley London, N29ED, Uk

    Call Fluper

    UK: +44-208-089-4432

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +44-208-089-4432

    Office Address

    Laneoffice Suite Sarasota florida US.

    Call Fluper

    USA: +1-917-732-2131

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +1-917-732-2131

    Let's Talk!