Revolut's Nik Storonsky sells up to $300m shares in company. The founder of Revolut, one of Europe's leading tech companies, has reportedly sold shares valued at up to $300 million (£230 million) in the firm. Nik Storonsky, the CEO of Revolut, offloaded between 40% to 60% of his shares during a secondary sale last month. […]
Image by Web Summit - SD5_7851, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=74256111 CEO and co-founder Nik Storonsky said: “To be able to IPO successfully we need to be at least in the few billion dollars range of revenue a year.” As of 2020, Revolut’s adjusted revenue was £261 million ($359 million). In July, the company managed to raise […]
Revolut is now the UK’s most valuable fintech firm ever, making co-founder Storonsky, who owns more than 20% of the company, a paper billionaire several times over. His net worth is estimated to sit around the $7 billion mark, up from $1.1 billion not long over a year ago in March 2020. Over the past […]
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