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Overview
Revolution Money is a financial services company with the goal of disrupting incumbent credit companies and PayPal. Revolution Money's credit card, the RevolutionCard, differs from other credit cards by using PIN-activation, rather than signatures This allows the card to be printed without any personally identifying information, which the company claims helps to reduce identity theft. The card transactions are also processed on an internet-based system, allowing the company to drastically reduce its processing fees. Revolution Money's other main service is MoneyExchange, which pretty much does what one would think -- let users transfer money between one another -- but, uniquely, a MoneyExchange account holders can use a Revolution Money Debit/ATM card so money can be accessed at stores or withdrawn from ATMs. Transfers between Revolution Money account holders are free.
Revolution Money is partially owned by Revolution, LLC, an investment firm and holding company owned by AOL-founder Steve Case. The company's board also boasts an impressive number of financial luminaries, including Lawrence Summers, former US Secretary of the Treasury; Franklin Raines, former CEO of Fannie Mae; Russell Hogg, former President and CEO of MasterCard; David Pottruck, former CEO of Charles Schwab; and David Golden, former Vice Chairman of JPMorgan.
About
Financial Services, Credit Cards, Debit Cards
2007
51-100
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Revolution Money headquartered in United States, North America, operates in the Financial Services, Credit Cards, Debit Cards sector. The company focuses on Financial Services and has secured $3.9B in funding across 36 round(s). With a team of 51-100 employees, Revolution Money is actively contributing to advancements in Financial Services. Their latest funding round, Series B - Revolution Money, raised $50.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
5
0
$107.2M
Details
3
Revolution Money has raised a total of $107.2M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2009 | Late Stage Venture | 15.2M | ||
2009 | Late Stage Venture | 42.0M | ||
2007 | Early Stage Venture | 50.0M |
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