*By Conor White*
Europe has a new unicorn.
The London-based fintech company Revolut announced last month it raised $250 million in Series C funding, bumping its valuation to $1.7 billion.
Revolut will use some of that money to jump across the pond to the United States.
"Given how aggravated people are with banking in general, we believe there's a huge market to go into the U.S. and cause serious disruption," said the Revolut chief marketing officer, Chad West. "So a huge amount of this capital will be expanding ourselves into the U.S., and building a real, innovative team out there."
In just 36 months, Revolut has raised $340 million, signed up more than 2 million customers in Europe, and has its sites set on conquering America and challenging companies like Robinhood.
"Right now Robinhood is purely on that road of wealth management and investments," West said Friday in an interview with Cheddar. "When Revolut comes to the U.S.A, there's nothing quite like us. We are the definition of a challenger bank."
For the full interview, [click here](https://cheddar.com/videos/london-based-fintech-revolut-plots-route-to-u-s).
CEO and founder of OloNoah Glass spoke to Cheddar about the restaurant tech firm's successful public offering on Wednesday.
Cannabis e-commerce platform Dutchie announced a $200 million Series C round of funding that the company said values it at $1.7 billion.
Designed to help you master this fast-paced business, you’ll learn how to implement automated trading using different algorithms and Python programming language.
Charles Stewart, CEO of Sotheby's, talked to Cheddar about plans to make its first-ever sale of a non-fungible token (NFT) in partnership with artist Pak.
The German automaker says it plans six big battery factories in Europe by 2030, starting with building out its existing ones in Salzgitter, German, and in Skelleftea, Sweden.
As a worldwide semiconductor shortage hammers American industries, trade groups are reaching out to the Biden administration with pleas to boost production in the U.S.
The street artist known as Alec Monopoly and Latin music star Ozuna are riding the wave of interest in non-fungible tokens (NFTs) to sell collaborative artwork featuring both of their brands.
Noah Davis, Christie's specialist in post-war and contemporary art, spoke to Cheddar about the stunning auction of a digital-only piece of art for $69.4 million by a relatively new artist called Beeple.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
You can’t separate classic New York City architecture from the fire escape. They’re all over.
Load More