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Revolut’s Storonsky Says It Has Enough Funding for Two Years

  • Founder says his fintech is expanding without new capital
  • ‘Sometimes I play’ in crypto for testing products, he says
Nikolay Storonsky
Nikolay StoronskyPhotographer: Luke MacGregor/Bloomberg
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The boss of Revolut Ltd. said his fintech startup has enough funding for at least two more years and would not be looking to raise money, as venture capital dries up across the technology industry.

Nikolay Storonsky, the 37-year-old chief executive officer, said the London-based company is now profitable and “aggressively expanding” in Latin America, India and the Philippines while looking to the Middle East.