Nik Storonsky Single Family Office Launched in London

The founder of the leading digital bank Revolut, Nik Storonsky, had recently launched his personal family office. Through the new UK single family office, Storonsky will structure his angel investments and the management of his estimated wealth of $7bn.

Successful European Neo Bank Revolut

In 2015, Nikolay Storonsky, Vlad Yatsenko and Tom Reay launched Revolut. The three had been traders and software engineers at Credit Suisse and Expedia. By its digital-first approach, the bank managed to become one of Europe’s leading Neo banks. In 2020, the firm had more than 13M customers and was valued at €5.5BN. Recent fundings values the firm at $33BN, which makes Storonsky a billionaire on paper.

Storonsky Family Office

According to Companies House’s records, the banker has opened its family office „Storonsky Family“ in October 2021. Storonsky realized some profits by selling shares of Revolut in a secondary round in the summer of 2021. Probably, one investment focus of the family office will be tech investments. In the past, Storonsky had already invested in Swedish firm Tink.

Photo by Charles Postiaux