Tiger Global in Talks to Lead $500 Million Revolut Investment

July 16, 2024, 3:42 PM UTC

Tiger Global Management is in talks to lead a $500 million investment round at UK financial-technology firm Revolut Ltd., according to Sky News.

The New York-based investment firm jointly led Revolut’s bumper $800 million funding round in 2021, and is now one of several stakeholders that have expressed interest in acquiring more shares, Sky said without identifying a source for the information.

Revolut declined to comment. Tiger Global didn’t immediately respond to a request for comment.

Nik Storonsky, the billionaire founder of Revolut, plans to sell stock worth millions of dollars as a part of the fintech giant’s ...

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