Digital Banking Unicorn Revolut Is Reportedly Planning New Round of Funding, Could Value Fintech at Over $10B

The founder of digital banking challenger Revolut is reportedly planning a new round of funding that could value the Fintech at over £7.2 billion (appr. $10 billion). Sky News reports that the digital bank may be looking to work with FT Partners, the US-headquartered Fintech-focused investment banking institution. FT Partners may advise Revolut on potentially a new equity-round that may be finalized after the summer months of 2021, according to the report.