Storonsky also claims his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal.
Digital bank Revolut still needs billions of dollars in annual sales before it can go public, according to a Bloomberg report.
Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.
The CEO of Revolut Nik Storonsky claims his company broke even in November, just a month after Starling's Anne Boden announced the same.
Nikolay Storonsky is listed on the top of the Telegraph's “Tech Hot 100” for the first time with an estimated wealth of £1.06bn.
The challenger bank Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. This new funding comes from TSG Consumer Partners.
Last week, we reported on Revolut forcing some staff to leave their jobs without severance - citing underperformance or making them quit on their own accord for just a slice of severance. Since Revolut has not really addressed the issue publically so far, let's take a look at how has the CEO addressed it in messages he sent to his employees.
In this blog, we will explore two exciting developments that have everyone talking about Nubank: its potential for exponential growth in share value and its remarkable expansion to serve more than 90 million customers across Latin America.
By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.
ABN AMRO, one of the leading Dutch banks, has partnered with Tokeny to tokenize a green bond on a public blockchain.
A recent study by Konsentus, a leading open banking-based Software-as-a-Service platform, sheds light on the global spread of open banking initiatives.