Fintech Firm Revolut Reaches $1.7 Billion Valuation After Integrating Cryptocurrency

For many years, TransferWise, the fintech company that allows users to send bank payments with extremely cheap fees and shorter verification periods was the most dominant fintech business in Europe.

This month, Revolut reached a $1.7 billion valuation after integrating cryptocurrency, surpassing Transferwise.

Earlier this week, Nasdaq CEO Adena Friedman said that the second biggest stock exchange in the US and one of the world’s leading markets, is open to becoming a cryptocurrency exchange. On CNBC’s Squawk Box


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