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Nik Storonsky, CEO Revolut, has publicly condemned the Russian invasion of Ukraine

Storonsky also claims his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal.

Nik Storonsky has opened family office in London

According to Sifted, CEO of Revolut Nik Storonsky has decided to open a family office in London, UK. This...

Nik Storonsky targets billions of $ in sales before IPO

Digital bank Revolut still needs billions of dollars in annual sales before it can go public, according to a Bloomberg report.

Revolut revenue grows but operating losses double to £201m

Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.

Revolut appoints Mikko Salovaara as new CFO

Revolut has finally managed to appoint a new CFO Mikko Salovaara after a year since David MacLean stepped down after only six months in the role, Sifted reported.

Revolut reached break-even in November, according to CEO Nik Storonsky

The CEO of Revolut Nik Storonsky claims his company broke even in November, just a month after Starling's Anne Boden announced the same.

Revolut’s CEO Nik Storonsky is the first Fintech billionaire

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.

Revolut losses tripled to £107m in 2019

Revolut reported a pre-tax loss of £107m for the year 2019 to December. This means the company's losses more than tripled to a £33m pound loss in the 2018.

Revolut raises $80m in new funding as it extends Series D round to $580m

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.

Leaked messages from Revolut’s CEO Nikolay Storonsky address the job cut accusations

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.
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Revolut plans to increase its crypto headcount by 20%

Fintech company Revolut continues to expand its cryptocurrency services operations after recently getting approval to operate in Singapore.

Nubank hits 1 million crypto users in less than a month

Brazilian challenger bank Nubank has announced hitting one million cryptocurrency users in the country barely a month after launching the service.

Revolut has been hit by high-profile resignations

Revolut has been hit by multiple resignations from its UK risk and compliance chiefs.

Starling Bank reports first full year profit

Starling reported a pre-tax profit of £32.1 million for the financial year ending 31 March 2022.