U.K.-based alternative banking app today, April 26, that they have raised $250 mln in a Series C investment round, giving them an overall $1.7 bln valuation and thus making them a “unicorn” – a startup with over a $1 bln valuation.
In December of last year, the Revolut app , supporting (BTC), (LTC), and (ETH), on top of the 25 fiat currencies available. Their blog post today writes that they will also be adding (XRP) and (BCH).
Hong Kong-based venture capital company DST Global led the funding round, along with investors Index Ventures and Ribbit Capital.
Revolut’s blog post also notes that they will be adding the new features of “Revolut Platinum,” which is a banking card, and “Revolut Wealth,” which will let users invest in stocks, indices, and exchange traded funds (ETFs). Revolut also announced that it will expand to the United States, Canada, Singapore, Hong Kong, Australia, and New Zealand this year.
The crypto community’s go-to messenger app Telegram a combined $1.7 bln during two separate closed (ICO) held this year to fund the development of the app and its own Blockchain platform.
Last week, US-based stablecoin project Basis in funding from big name VC investors.
Published at Thu, 26 Apr 2018 17:00:46 +0000
Blockchain
