*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).
Recent victims of ransomware attacks span the public and private sectors and include Universal Health Services, one of the largest hospital systems in the U.S., and the Clark County School District in Las Vegas.
Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon, and Apple to break up their businesses.
Julie Samuels, executive director at Tech: NY, joined Cheddar to discuss the COVID NY Alert app that will be used for contact tracing in New York.
Tim Kendall, CEO of Moment and former Pinterest president, joined Cheddar to discuss the harrowing effects of social media use and how "big social's" methods are harming users.
Lee Brown, VP and global head of advertising business at Spotify, joined Cheddar to provide some insight into what exactly Gen Z is looking for.
Data analytics giant, Palantir, has made its debut on the NYSE. David Glazer, CFO, joined Cheddar to discuss opening day and company's success and vision for profitability.
A small air leak at the International Space Station has finally been traced to the Russian side, following a middle-of-the-night search by astronauts.
Pinterest CRO, Jon Kaplan, joined Cheddar to discuss the surge in activity on the app amid the pandemic. Kaplan also talks new features coming to the social media app.
Activist, Erin Brockovich joined Cheddar to advocate for 911 operators to be classified as first responders and address problems plaguing the water supply in U.S. communities.
A federal judge has halted a ban on TikTok's U.S. operations until at least November 12th when President Trump called for a complete ban of the social media platform. Cheddar's Michelle Castillo reports on the turbulent timeline of Trump's intervention with the social media app.
Load More