London based fintech Revolut has raised $800 million in Series E funding round from SoftBank Vision Fund 2 and Tiger Global Management, valuing the company at $33 billion and bringing the total funds raised by the startup to over $1.7 billlion. The funding will enable Revolut to accelerate its growth plans including product innovation and international expansion.
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange.