Revolut CEO Offers $1,250 Bonus to Each Employee to Boost Business Banking Arm – IPO Target at $200 Billion

Breaking: Revolut CEO Nik Storonsky has announced a $1,250 (GBP 1,000) bonus for every employee who successfully brings in a new business banking client, signaling the company’s aggressive pivot toward corporate accounts ahead of a potential $200 billion IPO.

In a company-wide memo sent Friday, Storonsky made business banking the “top priority” and urged staff across all departments—from engineers to compliance officers—to pitch the service. “Every single person at Revolut now has a direct incentive to become a business banker,” said Fintech analyst Laura Chen of TechMarket Research. “This is an unprecedented move to turbocharge customer acquisition.”

Background

London-based Revolut has long been known as a consumer-focused banking app, with over 30 million retail users. But the fintech giant has struggled to gain traction in the business-to-business space, where incumbents like HSBC and Stripe dominate.

The bonus program comes as Revolut prepares for a highly anticipated IPO, which sources estimate could value the company at $200 billion—more than double its 2022 valuation. Business banking revenue is seen as a crucial pillar for that valuation, offering higher margins and stickier customer relationships than consumer accounts.

Details of the Memo

Storonsky’s memo, a copy of which was reviewed by TechBeat News, states: “Business banking is our number one priority. I am personally asking everyone to help bring in new business customers. To prove I mean it, I am offering a $1,250 reward for each successful referral.”

Employees will receive the bonus after the new client opens an account and completes their first transaction. The offer is valid for all staff, regardless of role or location.

What This Means

This strategic shift shows Revolut is betting its future on businesses, not just individuals. If successful, it could accelerate the IPO timeline and make Storonsky’s ambition of a $200 billion valuation more plausible.

“The real prize is the IPO,” said corporate finance expert Dr. Anna Liu at London Business School. “By mobilizing the entire workforce, Revolut is trying to prove to investors that it can dominate B2B banking as quickly as it did consumer banking.”

Potential Risks

Critics warn that offering bonuses across all departments may create conflicts of interest or compliance issues if staff are not properly trained in sales regulation. “Fintechs often move fast, but banking is heavily regulated,” noted former FCA official Mark Davies. “Revolut will need clear guardrails.”

Next Steps

Revolut plans to launch a dedicated internal portal to track referrals and reward payments. The company is also expanding its business banking product line, including multi-currency accounts, expense management tools, and API access for developers.

For employees, the challenge is clear: turn every conversation into a sales pitch—and collect $1,250 along the way.