In February 2020, Revolut raised a USD 500 million. This new funding extends that funding round to USD 580 million.
The company says it will use the investment to add new features in the US and roll out banking operations across Europe. Eventually, Revolut also plans to offer credit products across Europe. In addition to that, Revolut is working on a subscription management tool which should let users see all of their active subscriptions, cancel them from Revolut, and receive alerts when a free trial ends.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.