"Revolut CEO Nik Storonsky earlier this month said his firm had encountered "extreme bureaucracy" in its experience applying for a banking license in the U.K. and said he would never list in the country."
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"Chief Executive Officer Nik Storonsky said the company will eventually aim for a public listing in the U.K., U.S. or perhaps a dual listing, according to CNBC."
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"Meanwhile, Revolut CEO Nik Storonsky told the Standard earlier this week the company was working on its own pay-later product. "
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"needs to achieve billions of dollars in annual sales before it can go public, Chief Executive Officer and co-founder Nik Storonsky said on Bloomberg Television."
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"The company is banking on its expansion into new services such as crypto, stock trading and business accounts to reach profitability in the long run, CEO and co-founder Nik Storonsky told CNBC in a recent interview."
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"Covid-19 forced Revolut to cut down on costs and "repurpose" staff for more profitable endeavors like crypto, stock trading and business accounts, CEO Nik Storonsky told CNBC."
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"In a recent CNBC interview, Revolut's CEO Nik Storonsky said: "Certain banks won't be able to survive this Covid thing because they are too reliant on payments and interchange, especially here in Europe." As a result, diversifying revenues and retaining customer growth numbers are likely to remain essential."
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