JUST IN: Revolut bans transfers in Russia and Belarus by RyanJamesWeeks
Founded in 2015, Revolut offers a range of payment, investment and money management services through a mobile app. The startup became the most valuable private tech company in UK history when itThe conflict in Ukraine is deeply personal for Revolut’s co-founders Nikolay Storonsky and Vlad Yatsenko, who were born in Russia and Ukraine, respectively. They both also hold British citizenship.condemning the war and calling it “wrong and totally abhorrent.
Revolut has some of its more than 2,150 staff based in both Russia and Ukraine, and Storonsky said that he had to consider the wellbeing of those based in Russia before making any statement on the conflict. “They have done nothing wrong; they have simply helped build Revolut, supporting their own families through their hard work, just like their colleagues in Ukraine . I was, and remain, mindful of them in all of my actions,” he said.
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