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NIK STORONSKY
Britain tries to fix its frayed relations with world’s richBritain's finance minister is attempting to halt a wealth and brain drain by curbing the most punitive effects of scrapping the non-dom tax...
28 Nov, 2025, 08.11 AM IST
UK expects bigger non-domicile tax take despite billionaire exitsThe UK government expects higher revenues from its overhaul of the non-domicile tax regime, even as more ultra-wealthy individuals leave th...
27 Nov, 2025, 09.58 AM IST
UK lawmakers urge Starmer for new £2.5 million visa to stop wealthy residents from leavingWealthy foreigners are leaving Britain after recent tax changes. Lawmakers are urging Prime Minister Keir Starmer to create a new investor ...
26 Nov, 2025, 10.08 AM IST
Billionaire Lakshmi Mittal quits UK for Switzerland, Dubai ahead of proposed taxes on super-richSteel magnate Lakshmi Mittal is leaving the UK for Switzerland and Dubai, citing concerns over the Labour government's tax reforms, particu...
24 Nov, 2025, 10.18 AM IST
Wealthy British Indians join exodus amid tax and policy concernsWealthy British Indians are relocating abroad, with Dubai emerging as a popular destination. High taxes, deteriorating public services, and...
20 Nov, 2025, 12.30 PM IST
This business tycoon exits UK for UAE and reason is not just taxationNik Storonsky, co-founder of digital banking app Revolut, has moved his residency from the UK to the United Arab Emirates. This move follow...
13 Oct, 2025, 07.12 PM IST
Fintech startup Aspora secures $53 million in Series BFounded in 2022, Aspora serves 250,000 users, facilitating easy remittances to India and saving users over $15 million in fees. The company...
16 Jun, 2025, 03.59 PM IST
Revolut gets RBI nod for PPIs, walletsRevolut India already holds licences to function as a Category-II Authorised Money Exchange Dealer (AD-II), and to offer multi-currency for...
07 Apr, 2025, 07.04 AM IST
Battle for the global elite: Paris and London’s wealth loss is Dubai’s gainParis is facing a talent exodus as rising taxes push wealthy individuals and businesses to Dubai and Switzerland. While Paris benefited pos...
25 Mar, 2025, 12.37 PM IST
London's place as fintech hub under threat: Revolut UK CEOLondon took the lead on digital bank launches after the financial crisis, but "something has shifted in the last two or three years," said ...
06 Mar, 2024, 11.49 PM IST
British online bank Revolut's revenue jumps 45% to $1.2 billion in delayed 2022 accountsThe London-based fintech said revenue for the year rose to £922.5 million ($1.2 billion), while pretax loss was £25.4 million ($32.2 millio...
22 Dec, 2023, 01.17 PM IST
UK fintech firm Revolut names Paroma Chatterjee as India CEOThe six-year-old startup will make a multi-million-pound investment over the next five years and has committed to creating 300 new jobs in ...
22 Apr, 2021, 05.00 AM IST