Banking app Revolut has been valued at £24bn while Wise, the forex transfer business, has listed at nearly £9bn
Fintech startups may struggle to be eligible for Rishi Sunak’s £375m Future Fund, launched on Tuesday, unless their technology is genuinely at the cutting edge of R&D, such as artificial intelligence. But if Revolut’s recent funding round is any indicator of wider investor appetite, promising British fintech firms will still receive plenty of interest from the private sector.
Danmark Seneste Nyt, Danmark Overskrifter
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