Revolut wants to let Nik Storonsky borrow $250mn against his own shares

Revolut has asked its shareholders to let Nik Storonsky borrow up to $250mn against his stake in the company, five times what the current rules permit. The request went to investors last week as part of a governance exercise the fintech has codenamed Project Shasta. Storonsky owns roughly 29% of Europe’s most valuable private technology […] This story continues at The Next Web