Revolut has raised $800m

Revolut, the British-based banking and payments app, will on Thursday become the most valuable fintech company in British history when it unveils a fundraising that makes it worth $33bn.

Sky News has learnt that Revolut will announce that it has raised $800m (£577m) in a funding round led by SoftBank’s Vision Fund and Tiger Global Management, two of the world’s most prolific investors in fast-growing tech businesses.

Read more: Sky News