Revolut allows CEO Nik Storonsky to borrow up to $250M against his stake

Revolut is letting its co-founder and CEO Nik Storonsky borrow up to $250 million against his equity stake in the company. Storonsky holds approximately 29% of Revolut, a position that’s become enormously valuable as the company’s valuation has climbed. The company was last valued at $45 billion during a secondary share sale in August 2024, making Storonsky’s stake worth roughly $13 billion on paper. The liquidity puzzle for private company founders During the August 2024 secondary share sale, Storonsky sold between 40% and 60% of the total shares involved in the transaction, netting around $250 million in proceeds. Now the borrowing arrangement against his remaining stake provides another lever for accessing capital while retaining his ownership position. The distinction between selling shares and borrowing against them matters. Selling reduces your ownership. Borrowing lets you keep the upside if the company’s valuation continues to climb, though it comes with the risk of margin calls if things go south. Revolut’s trajectory and the $500 billion question Revolut secured its full UK banking licence in March 2026, a milestone that allows it to offer deposit-taking and consumer cred...