Tag: Tara Massoudi

UK-based fintech unicorn Revolut has reportedly experienced a notable 45% increase in its valuation over the past year, according to an investor update from an investment trust managed by Schroders. As reported by Bloomberg, this adjustment raises the fintech's valuation to an impressive $25.7 billion, up from $17.7 billion the previous year. This current valuation, however, still trails behind the peak $33 billion mark achieved in 2021.

In a move that blurs the lines between financial services and telecommunications, Revolut has unveiled its latest innovation: travel eSIM plans for UK users, signaling a bold leap towards becoming a ubiquitous "super app." This pioneering step, a rarity among financial institutions, positions Revolut at the forefront of a digital revolution, offering seamless data connectivity for globetrotters without the dread of roaming charges.