Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, CityAM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
Revolut boss abandons UK residency in favour of UAE October 7, 2025 The boss of London-born fintech juggernaut Revolut has abandoned his main residency in the UK in favour of the United Arab Emirates. Nik Storonsky’s updated residency was posted in fresh Companies House filings on the fintech chief’s family company on Tuesday. The move comes mere weeks after Revolut pumped £3bn into the UK as it [...]
Revolut considers $75bn dual listing in London and New York September 28, 2025 Fintech juggernaut Revolut is weighing up a dual listing in New York and London for its share sale, in a move that would provide the City with a major boost after a sluggish IPO period. Revolut considering London as a destination for a listing worth at least $75bn (£55.96bn) would appear to demonstrate a change [...]
The Capitalist: Reeves and Revolut get chummy at HQ party September 25, 2025 Revolut puts on a party, CityAM pioneers the midday bash and finance bros trade blows; catch up on the latest Square Mile shenanigans in The Capitalist.
Revolut pumps £3bn into the UK financial services sector September 23, 2025 London-born fintech juggernaut Revolut has capped off a hefty week of investment for the UK financial services sector as the firm officially launched its global headquarters. The digital bank said it would pump £3bn into the UK and create 1,000 highly-skilled jobs over the next five years. The fresh injection of capital follows asset manager [...]
Revolut boss set for bumper payday as valuation swells to $75bn September 2, 2025 The boss of Revolut is set for a bumper payday as the fintech juggernaut kicks off a secondary share sale valuing the firm at $75bn (£55.9bn). London-based staff will be able to sell up to 20 per cent of their stake in the digital bank, Bloomberg first reported. Shares will be valued at $1,381.06 (£1,029). [...]
Fintechs lobby Rachel Reeves for tax incentives to boost listings July 9, 2025 Top British fintech firms have urged Rachel Reeves to provide incentives to list in London or risk losing them to rival markets overseas. Executives from Clearbank, Atom, Revolut and Zilch met the Chancellor on Wednesday morning ahead of the Treasury’s Financial Services Growth and Competitiveness Strategy, in which fintech is expected to play a starring [...]
Abu Dhabi sovereign investor eyes $100m slice of Revolut July 8, 2025 An investor in the Abu Dhabi sovereign fund is eying a $100m (£73m) stake in digital banking giant Revolut. State-owned global investment firm Mubadala is reportedly in advanced discussions to purchase shares in Revolut from existing investors. The deal, if completed, would add to a smaller stake the fund purchased last year as part of [...]
Revolut banking licence bid goes down to the wire as key deadline looms July 8, 2025 Revolut is facing a fresh regulatory headache in the UK amid mounting expectations it may miss a key deadline in the ongoing process to become a fully operational bank. The digital banking juggernaut received the green light for its UK banking licence from Britain’s banking watchdog last year after a three-year wait, which triggered a 12-month [...]
Revolut boss set for Elon Musk-style payday at $150bn valuation June 23, 2025 The chief executive of Revolut could be set for a multibillion-dollar payout if the fintech’s valuation passes the $150bn milestone, sparking comparisons to Elon Musk’s controversial Tesla package. Nik Storonsky, who founded Revolut in 2015, has an incentive deal which would increase his stake in the London-based fintech by several percentage points if the valuation [...]