Digital bank Revolut extended their series D round to add an additional $80mn, which brings the total of the funding round to $580mn at a $5.5bn valuation; the new capital comes from TSG Consumer Partners; the company says it’ll use the investment to add new features in the U.S. and roll out banking operations across Europe; the bank is also planning to add credit products across Europe and a subscription management tool to manage all subscriptions in one place. TechCrunch.
