Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation Fintech The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]
‘We need the next Nikolay Storonsky’: Labour urged to act now to create next tech unicorn Tech The UK needs to attract the next Nikolay Storonsky to its shores if it wants a new technology revolution to be built here, the CEO of tech unicorn Motorway has said. Tom Leathes, speaking on an up-coming episode of Morning Wire’s Boardroom Uncovered show, said the country needs “the next Nikolai to come over and [...]
Revolut books record profit on higher interest rates and surge in users Fintech A major boost to Revolut's profitability would come from a UK banking licence, allowing it to offer products like mortgages and credit cards in its home market - where it recently hit nine million customers.