Fund Raising news and trends

Revolut Refines Its Culture As It Seeks Expansion
Digital Banking // April 23, 2019

Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank. According to a report in The Financial Times, Revolut is making changes — including adding a customer service phone number — as it...

India’s Reliance To Raise $563M To Take On Amazon, Walmart
Investments // January 27, 2019

Reliance Industrial Investments is gearing up to raise ₹4,000 crore to meet the company’s investment requirements and needs for funding, reported Deal Street Asia. The report, citing two people aware of the developments, said the funds will be raised via convertible preference shares across tranches...

Monzo Reaches Unicorn Status With $1.3B Valuation
Digital Banking // October 31, 2018

Monzo, the U.K. mobile-only bank, now has a valuation of $1.3 billion, pushing the startup into unicorn status. Reuters, citing Monzo, reported the mobile bank said Wednesday (October 31) that it raised 85 million pounds — and as a result, has a valuation of more...

Revolut Hits Unicorn Status With $250M Funding Round
Digital Banking // April 26, 2018

Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 million in a new round of funding. In a press release, the U.K. FinTech said with the $250 million, its valuation has jumped five times in less than a year to...

Interviews & Exclusives
FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups

September 21, 2022
Some people build businesses, others buy them. And some people build companies, sell them and buy other firms. But regardless of the strategy, there’s a simple commonality and necessity underpinning it all: capital. It’s the lifeblood that gets new business off the ground, that sustains operations … and it’s the lifeblood of mergers and acquisitions […]

Quick Reads
Revolut Refines Its Culture As It Seeks Expansion

April 23, 2019
Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank. According to a report in The Financial Times, Revolut is making changes — including adding a customer service phone number — as it seeks to become more than a challenger bank, which will […]

India’s Reliance To Raise $563M To Take On Amazon, Walmart

January 27, 2019
Reliance Industrial Investments is gearing up to raise ₹4,000 crore to meet the company’s investment requirements and needs for funding, reported Deal Street Asia. The report, citing two people aware...

Monzo Reaches Unicorn Status With $1.3B Valuation

October 31, 2018
Monzo, the U.K. mobile-only bank, now has a valuation of $1.3 billion, pushing the startup into unicorn status. Reuters, citing Monzo, reported the mobile bank said Wednesday (October 31) that...

Revolut Hits Unicorn Status With $250M Funding Round

April 26, 2018
Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 million in a new round of funding. In a press release, the U.K. FinTech said with...