Revolut Extends Series D Round With an Additional $80mn

Digital bank Revolut extended their series D round to add an additional $80mn, which brings the total of the funding round to $580mn at a $5.5bn valuation; the new capital comes from TSG Consumer Partners; the company says it’ll use the investment to add new features in the U.S. and roll out banking operations across Europe; the bank is also planning to add credit products across Europe and a subscription management tool to manage all subscriptions in one place. TechCrunch.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.