You’ve Landed on a Unicorn

Revolut, the London-based banking alternative, is now valued at $1.7B. The startup just raised $250M in a Series C round, bringing its total funding to date to $336M. The new round of funding was led by Hong-Kong based DST Global with existing investors Index Ventures and Ribbit Capital also participating. Four things coming up. One. It plans to launch in the US, Canada, Singapore, Hong Kong, Australia and New Zealand this year, with many more countries in the pipeline.

Two. Revolut Crypto will be getting not one, but two new currencies added to the existing lineup: Ripple (XRP) and Bitcoin Cash (BCH), alongside the current Bitcoin (BTC), Litecoin (LTC) and Ether (ETH). Three. Revolut Platinum will be a better solution for everyday banking, offering a bespoke contactless card made entirely from stainless steel and coated with a custom shade of metallic black paint, for a truly unique look.

Four. Revolut Wealth will be the company’s next milestone; a service to allow users to invest their funds into stocks, indexes and exchange traded funds (ETFs), alongside a variety of other financial instruments.