Revolut Targeting 100 Million Customers, Valuation Reaches $5.5B

“Our focus is on rolling-out banking operations in Europe, increasing the number of people who use Revolut as their daily account, and striving towards profitability,” CEO Nik Storonsky said in the statement. London-based banking app Revolut has raised $500 million in a funding round led by U.S.-based TCV, bringing its valuation to $5.5 billion...