Revolut Co-Founder and CEO Nikolay Storonsky has reportedly gained a net worth of over £1bn.
In Brief:
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Storonsky co-founded the firm back in 2014.
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The Telegraph’s Tech Hot 100 ranking has estimated his worth to be £1.06bn.
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Revolut recently raised £387mn from investors and is worth £4.3bn.
What does this mean?
Despite rivalry from the likes of Starling and Monzo, Revolut continues to gain traction across the UK and other markets – particularly Ireland – as customers increasingly turn to digital solutions. However it has yet to make a profit.
