BlockBeats report: On July 17, a confirmation statement filed with the UK Companies House revealed that a shareholder entity allegedly belonging to NVIDIA’s venture capital arm, NVentures LLC, holds approximately 141,834 shares of Revolut. Based on the issuance price disclosed in this round of financing, these shares are valued at approximately $195.9 million.
Previously, NVIDIA and Revolut had not publicly disclosed the specific investment amount or equity stake held by NVentures in the company. This newly revealed documentation shows that NVIDIA is further expanding its presence in the fintech sector through strategic investment.
Revolut, founded in 2015, is one of Europe’s leading digital banking platforms, offering services in payments, foreign exchange, investments, and cryptocurrency assets. Over the past few years, NVIDIA has consistently invested in AI, fintech, and next-generation internet infrastructure companies through NVentures; this investment in Revolut is seen as part of its broader strategy to expand its ecosystem in AI and digital finance. (TechFundingNews)