L39 member Revolut raises £179 million in Series C funding

Level39 high-growth member Revolut has secured £179m in series C funding, pushing the company to a £1.2bn valuation. Investors include DST Global and Index Ventures.

The company, which began in Level39’s hot-desking area, now takes a sizeable office in our High Growth Space: 24.

Headed up by Nikolay Storonsky, Revolut will be using the funds to push an international expansion. Focus markets include the US, Canada, Singapore, Hong Kong and Australia.

Tom Stafford, managing partner at DST Global, said: “Revolut is developing and delivering technology that reduces the complexity and cost of financial services for consumers and small businesses.


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