New York (CNN Business) Revolut is on a mission to build a global digital bank. But Revolut is trying to stand out in the ultra-competitive US market by pitching itself as a digital one-stop shop. "In the US, fintechs just do one thing -- and they do it well," Nik Storonsky, Revolut's co-founder and CEO, told CNN Business. Storonsky said Revolut is likely to eventually go public in the United States through a traditional IPO, rather than via a SPAC. "Personally, it sounds a bit like trying to cut corners," Storonsky said of the SPAC boom.

Source: The Nation February 12, 2021 19:18 UTC