Nik Storonsky, From Physics Student to Revolut Founder
Nik Storonsky co-founded Revolut in London in July 2015 with Vlad Yatsenko and serves as its chief executive. In March 2026 Revolut completed its UK mobilisation stage, which allowed it to offer full banking services to its 13 million UK customers.
| Role | Co-founder and Chief Executive Officer |
|---|---|
| Company | Revolut |
| Headquarters | London, United Kingdom |
| Industry | Finance and Banking |
| In role since | 2015 |
| Born | 1984, Dolgoprudny, Soviet Union |
| Education | Master’s in general and applied physics, Moscow Institute of Physics and Technology; master’s in applied economics and finance, New Economic School (both 2007) |
| Company website | revolut.com |
From Lehman Brothers and Credit Suisse to Founding Revolut
Storonsky trained in physics and economics in Moscow before moving into trading in London.
- 2006: moved to England and worked as an equity derivatives trader at Lehman Brothers in London
- Credit Suisse: trader until 2013
- 2013: acquired British citizenship and set up Revolut Ltd in December
- 2015: co-founded Revolut with Vlad Yatsenko, a former Deutsche Bank software engineer who became CTO
- 2022: renounced his Russian citizenship
Revolut’s Banking App and 2025 Results
Revolut began as an app for spending abroad at interbank exchange rates and has grown into a bank. It received an EU banking licence through the Bank of Lithuania in December 2018 and a full licence from the European Central Bank in late 2021. A restricted UK banking licence followed in July 2024 and a full UK licence in March 2026. In 2026 Revolut also launched full banking in Mexico, received an unrestricted licence in Australia and a full banking licence in France, and gained conditional approval for a US banking licence.
For 2025 Revolut posted revenue of 6.0 billion dollars (4.5 billion pounds), up 46 percent, and profit before tax of 2.3 billion dollars. It had 68.3 million retail customers and 767,000 business customers at the end of the year, and about 12,200 employees.
Revolut’s Listing Plans
Revolut has set its initial public offering about two years out from April 2026, with a US primary listing as the target and a dual US and UK listing under consideration.
