Jamie Dimon, the JPMorgan boss and Revolut

The 42-year-old Nik Storonsky’s plan for Revolut: a global bank with ‘effectively zero risk’. Russian-born founder and CEO talks to the FT about building Europe’s most valuable start-up.

He is waiting for me in the ballroom-sized splendour of the building’s minimalist second floor.  Belying every time I’ve met him before, he is dressed not in a collarless top and slacks, but in a sharp black suit, crisp white shirt, bright red tie and the shiniest shoes imaginable.

He quickly dispels any suggestion he has dressed up for the FT: “I had a meeting with the Banque de France,” he explains, drily or shyly, or both. Just last month the French authorities granted Revolut a banking licence, giving a reputational upgrade to the pan-EU authorisation it has had for nearly a decade from Lithuania.

Financial Times 21 September 2026

https://www.ft.com/content/df52a49a-ab6a-4997-a609-169e830a26fa?syn-25a6b1a6=1


Jamie Dimon, the JPMorgan boss Wall Street’s undisputed elder statesman, is not one to dish out compliments. So it was notable when he humble-bragged in his April letter to shareholders.

Among the handful of rival upstarts he went on to praise by name was Revolut, a $75bn-valued fintech. 

So far, the UK-headquartered bank has rolled out its app-based services to 40 countries (with plans to be in 30 more by 2030). Revolut now claims a total of 75mn customers.

In Ireland that it is now common parlance for someone who owes you money to say they will Revolut you, that is to say they will transfer money from their bank account to yours via your phone.

Financial Times 15 June 2026

https://www.ft.com/content/d46d909c-f7b1-4f3a-b953-61ce1516096b?syn-25a6b1a6=1


How Revolut became a verb

https://englundmacro.blogspot.com/2026/04/how-revolut-became-verb.html

 

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