Investment Talks Between Revolut and SoftBank Said to be Worth $30B+

Last Updated: July 6, 2021

Revolut, a digital bank that is based in the UK, is said to be in talks with SoftBank about fundraising that could value the company between $30 and $40 billion. Revolut has asked SoftBank
Jason

Jason

Hi! I'm the editor at EarthWeb. I have a deep interest in technology and business. I also enjoy testing products out. Contact me to be featured!
Investment Talks Between Revolut and SoftBank Said to be Worth $30B+
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Revolut, a digital bank that is based in the UK, is said to be in talks with SoftBank about fundraising that could value the company between $30 and $40 billion. Revolut has asked SoftBank to submit a proposal for an investment that could be worth between $750 million and $1 billion. The deal could be a matter of ‘some weeks’ away.

SoftBank

This means that the digital bank, which is only six years old, could be valued at more than $20 billion this year. It is not known who Revolut is talking to other than SoftBank. SoftBank has backed other companies in funding, including Uber Technologies.

Revolut offered cryptocurrency trading to its clients back in 2017.

Written by Jason

Hi! I’m the editor at EarthWeb. I have a deep interest in technology and business. I also enjoy testing products out. Contact me to be featured!

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