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Nik Storonsky

  • Revolut looks to France for major European expansion

    May 19, 2025

    British-born digital bank Revolut has chosen Paris for its fresh Western Europe headquarters with a major €1bn investment. The fintech giant said it will create over 200 jobs in France, in what it calls the “largest investment in the French financial sector in a decade.” The firm has also applied for a French banking licence, [...]

  • UK fintech Revolut expands lifestyle reach with mobile plans

    April 30, 2025

    Revolut is to offer mobile plans to customers as the UK fintech continues to diversify its product range. The Canary Wharf-based business is looking to enter the mobile market in the UK and Germany later this year before eying further market expansion. Revolut said its plans will include unlimited calls, texts and data at home, [...]

  • Mark Kleinman: Britain should steel itself for unwanted status among G7

    April 3, 2025

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column Britain should steel itself for unwanted status among G7 nations Sajid Javid, Greg Clark, Andrea Leadsom, Kemi Badenoch and now Jonathan Reynolds: the list of business secretaries handed the assignment of salvaging Britain’s fast-disappearing steel industry [...]

  • Revolut boss says London IPO is ‘not rational’

    December 3, 2024

    Revolut’s chief executive Nik Storonsky has said it is “not rational” for Europe’s most valuable fintech start-up to publicly list in London, dealing a blow the new government’s plans to boost the stock market. Storonsky said the London-based banking company would consider a public debut “sooner or later” to raise cash and return money to [...]

  • Revolut founder Storonsky saw ‘up to £230m’ windfall in employee share sale

    September 12, 2024

    Revolut's billionaire founder and chief executive Nik Storonsky reportedly sold up to $300m (£230m) worth of his stake in the fintech during an employee share sale last month.

  • Revolut’s long wait for a banking licence finally comes to an end

    July 25, 2024

    After more than three years, Revolut’s wait for a banking licence is finally over after it received authorisation from the banking watchdog.

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