*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).
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.
Semiconductors are essential in industries such as defense, automobiles, and telecom. Cheddar assembled a timeline of the chip shortage stretching back to the pre-Covid economy.
Paramount+ has debuted, supplanting CBS All Access. ViacomCBS CFO Naveen Chopra talked about the two-tiered subscription service, and Cheddar's Michelle Castillo broke down this latest rebranding amid the streaming wars.
Rezi uses AI to extract keywords from job descriptions, then writes an optimized résumé for you in flexible formats suitable for every experience level.
Thomas Edison’s most prolific invention is arguably not the lightbulb we all know him for, but the lab in Menlo Park New Jersey that he used to create it.
Mitch Jackson, chief sustainability officer for FedEx, spoke to Cheddar about the delivery giant's $2 billion plan to reach carbon neutrality by 2040.
Financial technology company Square, Inc. says it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z.
SpaceX's futuristic Starship has exploded after what looked to be a successful touchdown.
With content covering the basics all the way through popular programs like CISSP, PMP and Scrum, you can consider this highly-rated course pack your project management encyclopedia.
Mario Schlosser, CEO and co-founder of Oscar Health, spoke to Cheddar about the future of healthcare and insurance in the United States after the company went public.
