reThought Raises $15.5M in Series A Funding
02 Aug, 2021
– Revolut provides a global financial app for people and businesses.
– The company raised $800m in Series E funding round, which valued the business at $33b.
– Backers included new investors SoftBank Vision Fund 2 and Tiger Global Management.
– The company intends to use the funds for ongoing product innovation aimed at meeting customers’ everyday financial needs, such as global transfers, management of savings and insurance, and trading, expansion of its offering to US customers, and entry to India and other international markets.