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Revolut CEO Confirms UK Residency Amid Licensing Scrutiny

2/4/2026

Summary

Story summary

Nik Storonsky, Revolut CEO, reaffirmed his residency in the United Kingdom after a filing incorrectly listed him as residing in the UAE.
The correction follows UK regulators' scrutiny of Revolut's pending full banking license.
The October 2025 filing raised concerns about the UK's financial prestige.
Regulators demanded clarification from Revolut about the filing.
Revolut has been in a prolonged "mobilisation phase" for 18 months, exceeding the typical licensing timeline.

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Story summary

Nik Storonsky, Revolut CEO, reaffirmed his residency in the United Kingdom after a filing incorrectly listed him as residing in the UAE.
The correction follows UK regulators' scrutiny of Revolut's pending full banking license.
The October 2025 filing raised concerns about the UK's financial prestige.
Regulators demanded clarification from Revolut about the filing.
Revolut has been in a prolonged "mobilisation phase" for 18 months, exceeding the typical licensing timeline.