Hedge Funds & Alternative Investments
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Revolut bags investment from UAE sovereign fund
Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company. According to the Financial Times, the deal will see Revolut founder Nik Storonsky collect a minimum of $200m. Revolut employees sold $500m worth of shares in…
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Click here to read the full story: Finextra