Nick Storonsky, co-founder and CEO of the fintech company Revolut, has officially changed his place of residence from the UK to the United Arab Emirates.

The relevant changes are recorded in the documents submitted to the Companies House - the state body of Great Britain, which maintains a register of firms and provides digital services related to their activities, reports The Financial Times.

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A billionaire, who was born in Russia, after the start of a full -scale invasion of the Russian Federation, refused to Russian citizenship. He is now a British citizen and spends most of the year in the UAE.

Revolut, founded by Storonsky together with Ukrainian billionaire Vlad Yatsenko in 2015, has grown into one of the most successful fintech companies in the world. Headquarters are in London.

Now the platform has more than 65 million users in different countries, and its capitalization after the last round of financing reached $ 75 billion.

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Recall that in Ukraine, Revolut launched in February 2025, allowing users to be verified through the DIA application. However, from April 7, the company temporarily suspended the registration of new customers due to the lack of a license from the National Bank of Ukraine for financial activities. Moreover, all existing Ukrainian users can further use the service without restrictions.