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FinTech
Revolut Hits $75 Billion Valuation as Staff Cash Out Big
2025-09-02T11:45:38.222+02:00
Revolut launched a secondary share sale, allowing employees to sell stakes 70% higher than $45 billion last year.
The British fintech is simultaneously exploring US banking acquisitions and faced a $123,000 compliance fine in Australia.
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Exchanges
Kraken Eyes $500M Funding Round at $15B Valuation as IPO Plans Take Shape
2025-07-30T11:21:01.265+02:00
Cryptocurrency exchange positions itself for potential 2026 IPO amid sector boom and rising popularity among institutional investors.
The funding round represents a significant jump from its $11 billion valuation in 2022 and comes amid a broader wave of crypto companies going public.
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FinTech
ChatGPT's OpenAI Joins Elite $300 Billion Club Alongside Elon Musk's SpaceX
2025-04-01T12:41:36.030+02:00
OpenAI's $40 billion funding round has elevated its valuation to $300 billion, making it one of the world's most valuable private companies.
This exclusive club includes Elon Musk's SpaceX, China's ByteDance, and payment processor Stripe.
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FinTech
Revolut Share Sales Hit $1B Mark as Investors Cash In
2024-12-16T11:26:12.726+02:00
Revolut's early backers and employees have sold shares through a secondary offering, valuing the company at $45 billion.
The sale attracted major institutional investors, including Mubadala and Goldman Sachs' private banking clients.
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Payments
Google Bets Big on Monzo, Values The UK Fintech at $5 Billion
2024-03-05T15:00:14.113+02:00
The digital bank secures $400 million from CapitalG, aiming for further expansion.
Despite fintech challenges in Europe, Monzo added 2 million customers in 2023.
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