Revolut founder Storonsky saw ‘up to £230m’ windfall in employee share sale Banking 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 to ‘aggressively’ double down on business accounts after surge in revenue Banking The head of Revolut's business-to-business offering has said it is "aggressively doubling down" on the market, after the unit's global revenues exceeded $500m (£380m) this summer.
Value of Molten Ventures’ stake in Revolut more than doubles after employee share sale Business Molten Ventures said the value of its stake in Revolut has more than doubled after the British fintech secured a $45bn (£34.9bn) valuation in a share sale by employees.
Revolut achieves $45bn valuation in employee share sale August 16, 2024 Revolut has cemented its position as Europe's most valuable private technology company after securing a $45bn (£34.9bn) valuation in a share sale by employees.
Treasury plans talks with Revolut as fintech giant favours US listing August 16, 2024 The UK government is seeking to highlight London's attractiveness in planned talks with Revolut, as Britain's biggest fintech reportedly favours the US for a potential blockbuster IPO.
Bowling and gyms the surprise winner as Brits look for affordable fun in sporting summer August 14, 2024 The cost-of-living crisis may have started to tail off slightly, but it hasn’t gone away completely, as Brits chose affordable attractions during the summer. Amusement parks, aquariums and gyms topped the list of activities as school break got into full swing during a bumper summer for sport, according to data from Revolut, which tracked the [...]
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.
Revolut and CMC Markets partnership up and running July 25, 2024 The partnership between CMC Markets and Revolut had already kicked off, with reports that some Revolut clients are already live and trading.
VC firm Index Ventures raises £1.8bn to back UK start-ups and unicorns like Revolut July 10, 2024 The VC firm believes that rapid advancements in artificial intelligence (AI), a deep talent pool and proven hyper-growth playbooks are driving big opportunities.
GoJoe: Fitness app gets cash injection worth £2.4m from Revolut and Just Eat investor July 9, 2024 Employee engagement and wellbeing app GoJoe has secured a cash injection worth more than £2m from the investor behind brands including Revolut, Just Eat and Charlotte Tilbury, as it looks to expand its corporate offering.