The British N26-rival Revolut has raised in a investment around of $ 250 million. In order for the Banking App to develop into the greatest Fintech Startup in Europe.
In July 2017 in the UK Banking App Revolut is a 250 million Dollar around of investment to the most respected Fintech Startup in Europe have risen. The competitor of the Berlin Fintechs N26 is now a 1.7 billion Dollar price, reported Gründerszene.de. Thus, the price of the start-up has higher five-fold inside of a 12 months, greater than.
Revolut needs to proceed to develop strongly
As the Lead Investor of the present C-round of the Hong Kong-based Venture Capital investor DST Global, the Russian billionaire Yuri Milner is. Overall, Revolut gathered now $ 340 million in mission capital. With the contemporary capital, the Startup needs to proceed to develop strongly. On the Plan of the Expansion in the United States, Canada, Singapore, Hong Kong and Australia.
In Germany Revolut since September, and is combating in Germany with the competitors N26 to shoppers. The Berlin-based Fintech provides for a number of years additionally a Smartphone account and has greater than 500,000 shoppers. Also, N26 making plans to input the marketplace in the United States. Revolut has settled after the international’s greater than 1.5 million shoppers and over 70 million transactions. The price of which must quantity to greater than ten billion greenbacks.
In the subsequent five years, Revolut needs to build up in accordance to the start-up scene the collection of its shoppers to 100 million. The Banking App provides a present account with the customers in round 150 currencies without cost. 25 currencies can also be stored in the App itself and changed. Since December, the buying and selling with the crypto-currency Bitcoin is conceivable.
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