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Revolut co-founder Nik Storonsky shifts his residency from UK to UAE

Change in billionaire’s country of residence disclosed in Companies House filing

Nik Storonsky, Revolut’s billionaire co-founder, has officially changed his residency from the UK to the United Arab Emirates, according to filings at Companies House.

The changes were posted on the UK’s official corporate registry on Tuesday as an update to Storonsky’s family company information.

The official change of residence for Storonsky — who remains the largest shareholder in Revolut as well as its chief executive — comes at a key moment for Europe’s most valuable financial technology company, which is awaiting a fully fledged banking licence from UK regulators and is also mulling where it might publicly list its shares.

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