NIK STORONSKY
DIGITAL BANKING
Revolut is officially joining the ranks of established UK banks having been given approval by the Prudential Regulation Authority( PRA) for the launch of Revolut Bank UK, paving the way for it to exit the mobilisation phase and launch as a UK bank. The news comes shortly on the heels of the rapidly growing neobank announcing its commitment to create 1,000 highskilled jobs in the UK, in addition to a £ 3bn( US $ 4bn) investment.
Revolut currently has an established base of 13 million customers in the UK. Francesca Carlesi, UK CEO at the firm, says of the news:“ Becoming a bank in our home market marks a defining moment in our journey – a milestone achieved through relentless focus, discipline and belief in what we’ re building.
“ Securing this licence lays the foundation for our next chapter: expanding into a broader suite of products, including credit, to sit alongside the innovative services our customers already rely on every day. This will now enable us to continue on our mission to deliver the most seamless, secure and customercentric banking experience for consumers across the UK.”
UK and international expansion The announcement will result in accounts being offered to both retail and business customers from a fully
“ This is a vital step in our mission to build the world’ s first truly global bank”
Nik Storonsky, CEO and Co-Founder, Revolut
NIK STORONSKY
TITLE: CEO COMPANY: REVOLUT INDUSTRY: FINANCE LOCATION: UAE
Nik Storonsky is the co-founder and CEO of Revolut, a fintech powerhouse valued at over US $ 75bn. A former Lehman Brothers trader and champion swimmer, he launched the financial superapp in 2015. Under his ambitious leadership, Revolut recently secured a full UK banking license, serving over 70 million customers globally.
90 April 2026