U.K.-based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The company, which is now worth $1.7 billion, will use the new funding to expand to further markets, including the United States, Australia, and Hong Kong.

This new raise brings the amount of money the digital bank has raised in the past 36 months to $360 million, according to TechCrunch. The newest investment is reportedly one of the largest-ever rounds for a single European fintech.

The round was led by DST Global, also an early backer of Facebook, Spotify, and Airbnb.

Revolut CEO and founder Nikolay Strononsky said of the raise in a statement:

Our focus, since we launched, has been to do everything completely opposite to traditional banks. We build world class tech that puts people back in control of their finances, we speak to our customers like humans and we’re never afraid to challenge old thinking in order to innovate.

Founded in 2015, Revolut now has two million users globally, of which 250,000 are daily active users, according to the company. It currently processes about $1.8 billion in transactions per month, and is signing approximately 8,000 users per day, according to the company.

Read more at Business Insider, TechCrunch, and Finextra.