When SoftBank and Tiger Global Combine!
These two companies are bold. Great things happen when both combine: "The British fintech firm Revolut has raised $800 million in a new round that values it at a whopping $33 billion, or six times its valuation last year. Revolut is now Europe's second-biggest fintech unicorn after Klarna, and the biggest in the U.K. The latest round was led by SoftBank and Tiger Global", notes Fortune.
The new money will be used to fund London-based Revolut’s expansion into new products and markets including the U.S. and India, according to a statement Thursday.
The funding increases Revolut’s valuation six-fold from a fundraising round in 2020 and makes Revolut the U.K.’s most valuable startup, surpassing Checkout.com’s $15 billion mark.
It's Tekedia Capital I see here.
Writing as a Prophet:
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Tekedia Capital portfolio, raises $400 million to expand base into other part of the continent. This firms sees a surge in valuation, breaking all startup records!
So shall it be.
By the way my eyes are on Son. There are lessons from that old man.
Have a restful night chief.