Revolut – Europe's new tech unicorn 🦄

Rob Braileanu

 · 04/26/2018  · 04/26/2018

We've just closed our latest funding round, raising $250 million to become Europe's latest tech unicorn.

Three years ago, Revolut was nothing more than a few coders with a crazy ambition to disrupt financial services forever. In the beginning, our vision was laughed at and we were told that the big banks were too powerful.

Fast forward to today, and Revolut has just raised a Series C investment round of $250 million and is now valued at $1.7 billion - making us one of the fastest companies in Europe to reach unicorn status.

The new round of funding was led by Hong-Kong based DST Global with existing investors Index Ventures and Ribbit Capital also participating. Revolut is now backed by a portfolio of investors who helped nurture and grow the likes of Airbnb and Spotify.

You may be wondering what our focus will be on going forward. So, here's a sneak peak into what lies ahead for Revolut:

Hiring a lot of engineers and designers 👨‍💻👩‍💻

Over the last 12 months, we've built up a reputation for moving faster than anyone else in the fintech space, and we don't want to give up our crown anytime soon.

That's why we're looking to hire as many talented developers and designers as possible, as we begin to scale the company globally.

So, if you're a developer or a designer looking for a new and exciting challenge, or know someone who might be - make sure to check out our careers page now.

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Expanding into North America & Asia 🇺🇲🇸🇬

We'll be launching in the United States, Canada, Singapore, Hong Kong, Australia and New Zeland this year, with many more countries in the pipeline.

Collectively, over 100,000 people have signed up to our waiting lists with thousands joining every day.

By expanding overseas, we will be empowering millions of people to take control over their financial lives, and in the process, we will be reducing the cost of international transfers by partnering with the best players in the financial world.

Launching a bunch of new features 🚀

Our roadmap has never been more exciting! From product to marketing, our teams have been working hard to create the most useful features requested by our community:

Revolut Crypto will be getting not one, but two new currencies added to the existing lineup. We're extremely proud to announce that we will be adding Ripple (XRP) and Bitcoin Cash (BCH), alongside the current Bitcoin (BTC), Litecoin (LTC) and Ether (ETH).

Revolut Platinum will be a radically better solution for everyday banking, offering a bespoke contactless metal card made entirely from stainless steel and coated with a custom shade of metallic black paint, for a truly unique look.

Revolut Wealth will be our next milestone, as we expand our services to allow our users to invest their funds into stocks, indexes and exchange traded funds (ETFs), alongside a variety of other financial instruments.