Banking App Revolut Becomes Tech ‘Unicorn’ Valued At $1.7 Bln After Latest Funding Round
Cointelegraph
Published Apr 26, 2018 01:00PM ET
Updated Apr 26, 2018 02:32PM ET
Banking App Revolut Becomes Tech ‘Unicorn’ Valued At $1.7 Bln After Latest Funding Round
U.K.-based alternative banking app Revolut reported today, April 26, that they have raised $250 mln in a Series C investment round, giving them an overall $1.7 bln valuation and thus making them a “unicorn” – a startup with over a $1 bln valuation.
In December of last year, the Revolut app added an option to transact in crypto, supporting Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH), on top of the 25 fiat currencies available. Their blog post today writes that they will also be adding Ripple (XRP) and Bitcoin Cash (BCH).
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