{
  "id": 168973,
  "title": "Nik Storonsky in talks over new share deal for $500bn Revolut valuation",
  "url": "https://urgent.news/2026/08/05/nik-storonsky-in-talks-over-new-share-deal-for-500bn-revolut-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T09:36:20.000Z",
  "source": {
    "name": "Sifted",
    "slug": "sifted",
    "url": "https://sifted.eu/articles/nik-storonsky-share-deal-500bn/"
  },
  "original_language": "en",
  "account": "Nik Storonsky, the co-founder and CEO of fintech company Revolut, is reportedly engaged in discussions for a new share deal. This deal would potentially increase his stake in the company if it reaches a valuation of approximately $500 billion, according to sources. The Financial Times has quoted individuals familiar with the situation, stating that Storonsky would receive a significant number of shares if the company achieves this new target. This proposal follows a previous agreement Storonsky signed, which granted him additional ownership by several percentage points should Revolut achieve a $150 billion valuation. In a Russian language interview in December of the prior year, Storonsky confirmed his ownership stake of 29%, which would rise by 10% if the company's valuation were to reach $200 billion. Recent reports have estimated Revolut's valuation at $115 billion during its most recent employee secondary share sale. The company is currently aiming for a $200 billion valuation for a potential 2028 Initial Public Offering.",
  "summary": null,
  "key_points": [
    "Nik Storonsky CEO of fintech company Revolut.",
    "Talks underway for new share deal at $500bn valuation.",
    "Stake increase to 39% if valuation reaches $500bn."
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/168973.png",
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}