The David Rubenstein Show Nik Storonsky
Apr 23, 2026
Nik Storonsky, founder and CEO of Revolut, built a global digital bank from a simple idea to cut hidden FX fees. He talks about Revolut’s all-in-one app for banking, trading, crypto, and cards. He discusses U.S. and global expansion, licensing and IPO plans, using AI interfaces, and how the company scales trust and product reliability.
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One App For All Financial And Lifestyle Needs
- Revolut bundles global banking, wealth, trading, crypto, borrowing and lifestyle services into a single app to replace multiple finance tools.
- Nik Storonsky describes the app offering eSIMs, lounge bookings and hotel services alongside banking for 40+ countries.
Eliminate Clear Customer Pain To Win Users
- Build a product that eliminates obvious customer losses, like hidden FX fees, to create immediate value.
- Storonsky used his trading skill to quantify losses overseas and launched a card with interbank rates saving $50–$70 per $1,000.
Growth Started With Doorstep Sales And Word Of Mouth
- Revolut launched in summer 2015 with no marketing and grew primarily by word of mouth.
- Storonsky physically sold the product to friends, family and strangers at launch to get initial users.