Revolut Addresses Rumors

Rumors were circulating that Revolut was facing financial problems related to the coronavirus; Revolut has responded to the claims with co-founder and CEO Nikolay Storonsky stating, “The Coronavirus pandemic is causing unprecedented movement in financial markets. Naturally, this can be alarming and can allow rumours and false information to spread quickly. To put your mind at ease, I’d like to make Revolut’s position super clear…Last month, we raised $500 million from investors. So I want to make clear that for Revolut it’s business as usual.” Revolut’s last round valued the company at $5.5 billion and they continue to release new features for their customers; there have also been other rumors that Revolut is pursuing a UK banking license. Altfi

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.