Published: October 8, 2025 at 8:15 am
Revolut founder Nik Storonsky has moved his main residency from the UK to the United Arab Emirates.
Storonsky, who founded the neobank in 2015 and renounced his Russian citizenship following the invasion of Ukraine, has built Revolut into the UK’s largest FinTech, valued at $75bn.
The updated residency was revealed in Companies House filings. There has been a rise in the number of company directors leaving the country since Labour came to power.
In September Revolut unveiled its new global headquarters in Canary Wharf alongside a pledge to invest £3 billion in the UK over the next five years.
We reported yesterday how M&A expert Max Thomas says the $75bn valuation, achieved following a funding round & employee share sale, raises critical questions about its sustainability ahead of a potential IPO.