Revolut CEO Storonsky in talks to raise $500B valuation gate with new share option

Revolut CEO and cofounder Nik Storonsky is negotiating a new share deal that would increase his stake in the fintech superapp if it hits a $500 billion valuation, according to sources familiar with the matter who spoke to the Financial Times. Storonsky currently holds a 29% stake, which had earlier been structured to grow by 10 percentage points if Revolut reached a $200 billion valuation, and several percentage points more at $150 billion.

The $500 billion option represents a further wealth concentration mechanism tied to milestones on Revolut's path to public markets. The company previously achieved a $115 billion valuation in an employee secondary share sale in June and is targeting a $200 billion valuation for a potential 2028 IPO, according to reports. The structure incentivizes Storonsky's continued leadership through major growth inflection points.

Revolut is the highest-valued fintech unicorn outside the U.S., and the new clause signals confidence in crossing $500 billion en route to becoming a publicly traded bank. The deal also reflects typical practices at mega-cap private companies, where founders negotiate performance gates to preserve or increase upside equity as the company de-risks toward exit.

For investors: watch Revolut's path to the $200B milestone as the next valuation inflection. The CEO's continued wealth upside tied to company milestones is market-positive signaling, though the employee secondary at $115B in June already signals some cap table tightness. The $500B gate assumes a 4.3x gain from the June secondary—a significant but plausible exit multiple for a fintech at the scale Revolut now commands.