Revolut and Vinted backer Sprints closes €725M fund after Fin exit — TFN
Revolut and Vinted backer Sprints closes €725M fund after Fin exit — TFN
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Revolut and Vinted backer Sprints closes €725M fund after Fin exit
正文
Funding News
Latest News
Top Funding Rounds
Top Stories
UK Tech News
Revolut and Vinted backer Sprints closes €725M fund after Fin exit
Abhinaya Prabhu
October 15, 2026
3 minute read
Image credits: Sprints
Sprints closed its fifth fund at the €725M hard cap, nearly 40% above its last.
More than half the capital is already deployed, according to Henrik Persson.
It follows the $3.6B sale of Fin, a Sprints holding, and higher valuations for Revolut and Vinted.
took about a year to raise its fifth fund, and more than half of it is already invested. The London growth investor closed at its hard cap of €725 million,
Bloomberg reported
. That is roughly 40% more than its previous fund,
which closed at €525 million.
Endowments, foundations, pension funds, and family offices supplied the capital, said co-founder and managing partner
Henrik Persson
. The money is going into new companies and existing portfolio holdings across marketplaces, financial services, and software.
Where the portfolio stands
Sprints first backed Vinted and Revolut in 2018. It led Vinted’s €50 million round that August and joined Revolut’s $250 million Series C. Bloomberg describes it as Vinted’s biggest shareholder, and
Dealroom reported
that it sold part of both stakes in secondary deals in 2025.
Both valuations have moved since. Revolut was
reported at $115 billion in a secondary share sale
launched in July, up 53% from $75 billion in November 2025, although Revolut confirmed only that a sale was underway.
Vinted reached €8 billion
in April through an €880 million secondary led by EQT, a 60% rise from its 2024 valuation.
Not every holding rose that far. Checkout.com’s $12 billion buyback valuation in September 2025 came from an independent assessment under US 409A accounting rules, not from investors buying shares,
TechCrunch reported
. It sits about 70% below the $40 billion Checkout.com reached in a 2022 round. Spri