Overview of Transaction

• On July 15, 2021, Revolut announced that it has raised $1.25 billion in financing from Softbank and Tiger Global, valuing the business at ~$33 billion
• SoftBank and Tiger Global join existing investors including Balderton Capital, DST, Ribbit Capital, TCV and TSG Consumer Partners
• Revolut is building the world’s first truly global financial superapp to help people get more from their money
• In 2015, Revolut launched in the UK offering money transfer and exchange; Today, more than 16 million customers around the world use dozens of Revolut’s innovative products to make more than 150 million transactions a month

Significance of Transaction

• The investment will enable the Company to further its growth plans, in particular its ongoing product innovation aimed at meeting customers’ everyday financial needs and aspirations, from quick and easy global transfers, to managing everything from savings to insurance to democratizing wealth and trading
• It will also support the expansion of Revolut’s offering to US customers and its entry to India and other international markets
• Revolut is now the most valuable financial superapp and the 4th most valuable private FinTech company globally

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Revolut
• This transaction underscores FT Partners' deep expertise in the Consumer FinTech and Banking Tech space, as well as our successful track record generating highly favorable outcomes for high-growth, unicorn FinTech companies globally