Revolut CEO Negotiates Stake Increase Linked to $500 Billion Valuation

Nikolay Storonsky, the chief executive of Revolut, is negotiating a new incentive package that would increase his ownership stake should the fintech company reach a valuation of approximately $500 billion. The proposed deal utilizes a tiered structure similar to a previous agreement, which granted additional shares as specific valuation thresholds were achieved.

Storonsky currently holds a 29% stake in the company. Under a prior agreement, reaching a target of $200 billion would have increased his holding to 40%. These negotiations are occurring alongside a secondary fundraising round that values Revolut at $115 billion, although the company has indicated a $200 billion target for a potential initial public offering.

To support its expansion across 40 countries, Revolut recently secured a full banking license in the United Kingdom. The company is currently seeking similar licenses in the United States and Australia to facilitate further growth.