Nik Storonsky

Nik Storonsky is the co-founder and CEO of Revolut, which he launched in 2015 to transform how people spend and transfer money. Before founding the company, he worked as an emerging-markets equity derivatives trader at Credit Suisse and Lehman Brothers. ([revolut.com](https://www.revolut.com/en-US/about/?utm_source=openai))

Revolut Targets US Dominance With a Credit-First Bank Launch

Revolut chief executive Nik Storonsky says the fintech wants to dominate the US, where it plans to challenge JPMorgan Chase and American Express with a credit-first launch. The proposed bank still needs full approval for its conditional charter and must be operationalized before Revolut can offer cards and loans; Storonsky says the company would then build out a broader digital offering. He also said the US would be the primary market if Revolut pursues a planned dual listing.

Bloomberg TechnologyOct 9, 20262 min read