Revolut

revolut.com

t: @RevolutApp

CEO:  Nikolay Storonsky

Founders:    Nikolay Storonsky, Vlad Yatsenko 

Founded: 2014

Sectors:  FX

Latest Funding: £66M Series B July 2017 

Total Funding: $83M

Lead Investors: Index Ventures,  Balderton Capital, Ribbit Capital 

HQ: London

Revolut’s mobile foreign exchange solves a major pain point for consumers through its free, no-fee foreign currency exchange at the interbank rate. The app + card combination currently supports over 120 currencies and now has over 500k active users who have transacted over $1.5bn. In 2017 it launched a UK current account, and when it announced the launch of product designed to help companies manage international payroll, suppliers and corporate travel, over 2,000 companies pre-registered within 24hrs, with an estimated transaction volume of €2.4bn per annum. In July 2017, Revolut announced a Series B funding of $66M, led by Index Ventures, with Balderton Capital and Ribbit Capital.