Revolut in £21bn valuation funding talks

Revolut, the British-based banking and payments app, is in detailed talks with the world’s largest technology fund about a fundraising that could value it at well over $30bn (£21.7bn).

Sky News has learnt that SoftBank’s Vision Fund 2 is one of a small number of investors which have been asked by Revolut and its advisers to submit proposals in recent weeks for an investment of between $750m (£542m) and $1bn (£723m).

Read more: Sky News