Revolut Ltd’s Series E Fundraising

Slaughter and May advised SoftBank Vision Fund 2 on the matter. Ashurst advised Sprints Capital.

SoftBank Vision Fund 2 was the lead investor in Revolut Ltd’s (“Revolut”) series E fundraising.

SVF2 is leading the $800m round, valuing Revolut at approximately $33 billion, making it the most valuable fintech company in the UK.  Revolut will use the investment to continue work to build the first global financial superapp.

Revolut is a financial technology company that offers banking services. 

Slaughter and May’s team included Robin Ogle (Picture), Partner, Paul Mudie, Partner, David Griffith-Jones, Associate, Sonya Mononen, Associate, Angus Tyrrell, Trainee, Alice Eccles, Trainee, Adam Hill, Trainee, Jan Putnis, Partner, Tom Hilton-Stevens, Associate, Padraig Cronin, Partner, Ian Brown, Senior Counsel and Oliver Howley, Associate.

The Ashurst team was led by partners David Carter and Braeden Donnelly, with support from senior associate Jacob Gold and associate Lauren Garrett. 

Involved fees earner: Braeden Donnelly – Ashurst; Lauren Garrett – Ashurst; Jacob Gold – Ashurst; Ian Brown – Slaughter and May; Padraig Cronin – Slaughter and May; David Griffith-Jones – Slaughter and May; Tom Hilton-Stevens – Slaughter and May; Oliver Howley – Slaughter and May; Sonya Mononen – Slaughter and May; Paul Mudie – Slaughter and May; Robin Ogle – Slaughter and May; Jan Putnis – Slaughter and May; David Carter – Troutman Sanders;

Law Firms: Ashurst; Slaughter and May; Troutman Sanders;

Clients: SoftBank Vision Fund II; Sprints Capital;

Federica Tiefenthaler

Author: Federica Tiefenthaler