Venture Capital
One of London's biggest fintech unicorns is aiming to become Europe's most valuable fintech startup with an ambitious new funding round led by JPMorgan. Revolut is looking to bring in a $1.5 billion fundraise from JPMorgan, having hired the bank to manage a deal for the challenger bank over the coming months, sources close to the fintech firm told Business Insider. That fundraise could take the form of a $500 million equity raise and a $1 billion convertible loan — which would give the startup a valuation of between $5 to $10 billion.