Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund
QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.
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QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.
Revolut will open its first airport lounge in Copenhagen in 2027 as the fintech company expands beyond banking into premium travel services.
Revolut’s valuation has reportedly reached $115 billion as the fintech company launches a secondary share sale for employees.
Revolut will stop supporting USDT under the EU’s MiCA regulation, requiring users to withdraw their holdings before August 31.
Revolut and Trust Wallet have partnered to offer instant Bitcoin and crypto purchases to users across the EU, simplifying access to digital assets through seamless fiat-to-crypto transactions.
Fintech leader Revolut reaches a $75 billion valuation following a secondary share sale led by top-tier investors.
Fintech firm Revolut is offering U.S. dollar customers the option to swap fiat into major stablecoins at a one-to-one rate, signalling deeper integration of digital assets in everyday finance.