News It says Abu Dhabi Sovereign Enium Fund Mubadala is in talks to buy $ 100 million in the United Kingdom Neobank and Payment Company Revolut from existing Revolut investors.
Mubadala was part of a group of institutional investors who acquired a small share of Revolut earlier this year than Revolut Nik Storonsky’s founder.
News He further said that Mubadala is apparently trying to further increase her share of Revolut, reflecting her confidence in Fintech’s ability to attract significantly higher valuation in the future.
The identity of shareholders selling the revolut was unclear, though News He said that Balderton Capital, an investor focusing on technology in the United Kingdom, who has supported Revolut from the principles of his existence, is said to be among those who wish to earn a piece of their holdings.
Revolut now reports more than 60 million retail users and 500,000+ business customers in the United Kingdom and worldwide and has become the most funding application in many countries in Europe and worldwide.