As the CEO of Revolut, one of Europe’s highest valued start-ups, Nikolay Storonsky has been at the apex of the tech boom. Since co-founding the London-based banking fintech in 2015, he has overseen the growth of Revolut’s customer base to more than 25 million people.
Yet Revolut’s growth path was driven through an era of cheap money, raising a total of $1.7bn. Now, with a deteriorating macroeconomic outlook and rising interest rates, venture capitalists are more cautious and tech companies have begun to rationalise their growth plans.
