Revolut
Revolut Founder Nik Storonsky Joins UK Billionaire Exodus to UAE Amid Tax Policy Changes
Oct 13, 2025 04:02 pm CST
Revolut co-founder Nik Storonsky has officially relocated from the UK to the UAE, becoming the latest ultra-wealthy entrepreneur to leave Britain following tax policy reforms. This growing exodus of billionaires is driven by the Labour government's abolition of the non-domicile tax regime, increased capital gains taxes, and post-Brexit uncertainty. While Storonsky maintains property in the UK, his move coincides with Revolut's expansion in the Gulf region as the fintech giant valued at $75 billion continues to face regulatory hurdles in Britain.
Revolut Enters Indian Market with Digital Payment Platform, Targeting 20 Million Users by 2030
Oct 08, 2025 04:36 pm CST
London-based fintech giant Revolut is launching its payment platform in India through partnerships with UPI and Visa, investing £40 million to meet local data regulations. The company aims to acquire 20 million Indian customers by 2030 as part of its strategic global expansion, beginning with 350,000 waitlisted users later this year.