Softbank Reportedly In Talks With Revolut For Investment

by financemagnates.com posted 1month ago 3 views
Revolut is planning to raise fresh capital at a valuation of approximately $30 billion. : SoftBank’s Vision Fund 2 and several other prominent investors are reportedly in talks with the UK-based financial technology firm, Revolut for the injection of fresh capital at a valuation of nearly $30 billion. According to a report published by Sky News, Revolut and its advisers asked SoftBank’s Vision Fund 2 and a group of other investors to submit proposals for an investment of nearly $1 billion. The UK-based digital bank is expected to become one of the most valuable financial technology firms after the deal.

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