Revolut CEO Nikolay Storonsky plans to sell part of his stake in a $500 million share sale, aimed at achieving a $40 billion valuation.
This move follows a significant rise in the company’s revenue, almost doubling to £1.8 billion in 2023, driven by increased interest income. Despite regulatory scrutiny and ongoing efforts to secure a UK banking license, Revolut remains optimistic about its growth and future public listing.