Revolut has offered staff shares in exchange for lower take home pay.
The offer is being made in light of the Coronavirus crisis, as Financial News reports.
The cofounders will also reportedly forego their salaries for a year.
Employees can swap £1 worth of salary for £2 worth of share options.
What does this mean?
The lockdown has hit many banks hard, but as a huge part of Revolut’s USP is its use for travel and currency exchange, it’s likely to see a reduction in use – however it may benefit from the overall increase in use of FinTech as people are encouraged to stay home and use contactless payments where possible.