Revolut generates 19x return for crowdfunding investors

Investors who invested in fintech startup Revolut on crowdfunding platform Crowdcube have realised returns of around 19x this week.

Users collectively put £1.01 million worth of capital into Revolut in July 2016 and by April 2018 the company received a $250 million investment led by venture capital firm DST Global.

This boosted its valuation from £42 million to £1.2 billion, making it one of the first crowdfunded unicorns.The crowdfunding in July was done alongside investments from Balderton Capital and Index Ventures.

Read more here.