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Revolut is in discussions to increase new funds from investors with an evaluation of USD 65 billion, according to the people familiar with the matter in a transaction that would stimulate global expansion for the most valuable start-up in Europe.
The Financial Technology Group, based in Great Britain, is in discussions to collect around 1 billion USD for funds through newly exhibited stocks and the sale of some existing shares, said two of the people.
The US investment company Greenoaks is in conversations to lead the private financing round, one person said and warned that the details had not been completed.
About a year ago, Revolut carried out a sale of existing stocks with an assessment of $ 45 billion.
The financial times previously reported The managing director of Revolut, Nik Storonsky, stood for an oversized remuneration package in the series if the company should achieve an evaluation of USD 150 billion.
Revolut and Greenoaks rejected a statement.
This is a developing story