Banking app Revolut has been valued at £24bn while Wise, the forex transfer business, has listed at nearly £9bn
Britain’s digital finance industry, more commonly known as the fintech sector, has hit a multibillion-pound peak of investor interest.
Banking app Revolut confirmed last week that it had raised another $800m from big investors including the Softbank Vision Fund, pushing the bank’s valuation to $33bn (£24bn). It came just weeks after Wise, the forex transfer business, listed on the London Stock Exchange at nearly £9bn.