Nikolai Storonsky, the billionaire head of the London-based financial technology firm Revolut, has renounced his Russian citizenship in response to Moscow's invasion of Ukraine, the country where his father was born.
Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
Revolut Chief Nikolai Storonsky Renounces Russian Citizenship, Condeming Ukraine Invasion
AltFi | John Reynolds | Oct 31, 2022
Nikolai Storonsky, the billionaire head of the London-based financial technology firm Revolut, has renounced his Russian citizenship in response to Moscow's invasion of Ukraine, the country where his father was born.
- Nik Storonsky, the CEO and co-founder of Revolut, has renounced his Russian citizenship after his father was included in a sanctions list handed out by the Ukrainian government following Russia’s invasion of Ukraine.
- Storonsky, who was born in Ukraine but spent time in Russia growing up, previously held both British and Russian passports but renounced his Russian citizenship following Russia’s invasion of Ukraine, in news first reported by The Telegraph.
See: Revolut executive resigns amid growing tensions with the FCA over banking license
- Storonsky’s father Nikolay Storonsky senior was sanctioned by the Ukrainian government for working as director-general of Gazprom Promgaz, the engineering and research arm of the Russian state energy firm.
- The move by the Revolut co-founder also comes as Revolut, which now has more than 20m customers, awaits a decision on its application for a UK banking licence, a licence it is keen to attain to help attain further funding and enhance its reputation in the market.
- Storonsky has previously voiced his disapproval of Russia’s invasion of Ukraine calling it “abhorrent” while offering Revolut employees in Ukraine and Russia relocation support as well as support for the people of Ukraine.
Nikolai Storonsky, CEO Revolut:
I would like to make clear, publicly, what I've felt privately from day one: War is never the answer. This war is wrong and totally abhorrent. I am horrified and appalled at its impact, and I add my voice to those around the world calling for an immediate end to the fighting, and a commitment to diplomatic solutions. Not one more person should die in this needless conflict.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
 |  |  |
Support NCFA by Following us on Twitter!Follow @NCFACanada  |
Related Posts
- Crypto.com Halts Solana USDC and USDT Withdrawls and Deposits | $800 Million SOL Tokens Set to be Unstaked
- Let’s protect investors from risky startups: Roseman
- Launch Angels Closes First Equity Crowdfunding Fund
- Ottawa phone startup’s fundraising bid dropped over copycat allegations
- Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
- Never mind the $55,000 potato salad, crowdfunding picks winners
Leave a Reply