Revolut Wants to Take on JP Morgan for the US Market
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4 Articles
Revolut is looking beyond financial services: CEO Nik Storonsky announced on Friday that the company is working to build a broader technology product portfolio and is also creating its own artificial intelligence models based on customer data, Reuters reports.
Revolut wants to take on JP Morgan for the US market
A recent interview by Nik Storonsky, CEO of Revolut, revealed his plans for a US stock market listing and taking on the country’s largest bank. Revolut CEO, Nik Storonsky, has revealed he favours a primary public listing for the digital bank’s initial public offering (IPO). In an interview with Bloomberg, Storonsky favours the US over […]
Revolut’s U.S. Listing Preference Signals a Broader Technology Strategy
Revolut is preparing to expand beyond financial services into a broader technology business, with CEO Nik Storonsky betting that the company’s transaction data can support proprietary artificial intelligence models and eventually help it compete at the scale of major U.S. technology companies. Storonsky said Revolut processes between 30 million and 40 million transactions each day, creating a large proprietary dataset that the company is using t…
The CEO of the Revolution, Nik Storonsky, stated at an event in Italy that aims to reach a dimension similar to the world's largest technologies, such as Google and Meta.
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