Fintech Startup Linked to Pre-Paid Master Card Raises Over £7.75 mln

Fintech Startup Linked to Pre-Paid Master Card Raises Over £7.75 mln

UK-based fintech startup Revolut raised over £7.75 million of funding via venture capital firms. Equivalent to roughly $10,292,968 USD, £6.75 million alone was from 6 venture capital firms including Balderton Capital and Index Ventures with an additional £1 million raised by the company’s equity crowdfunding campaign on Crowdcube allowing users to get a slice of the company. Revolut itself is an app that is linked to a pre-paid MasterCard, giving the user all the features a MasterCard has and allowing people to deposit money using their bank account or credit card. Once loaded, users can....


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