Schroder UK Public Private Trust invests in Revolut

12 Aug 2021

The Schroder UK Public Private Trust, previously the Woodford Patient Capital Trust, has invested close to £14 million in financial app Revolut.

Having taken over management of the trust in 2019, the investment in Revolut marks the second major private equity investment made by the Schroders management team.

According to managers Tim Creed and Ben Wicks, Revolut is “at the forefront of Europe’s nascent fintech revolution” and remains one of the most high-profile fintech companies to emerge from the UK.