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The Independent UK
The Independent UK
Business
Karl Matchett

Revolut founder to become one of Britain’s top 10 richest businessmen as share sale gives huge valuation

Revolut Nik Storonsky Britain Jim Ratcliffe fintech

The founder of fintech firm Revolut, Nikolay Storonsky, is set to become one of the 10 richest businessmen in Britain.

App-based bank Revolut is allowing employees to sell a portion of their shares in the company – up to 20 per cent – for $1,381.06 per share (around £1,034) in a secondary sale, which will value the business in total at $75bn. Last year, the company was valued at $45bn.

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