Nik Storonsky sold up to 60% of his stake in the fintech during an employee share sale last month, according to reports.

Revolut's billionaire founder and chief executive Nik Storonsky reportedly sold up to $300m (£230m) worth of his stake in the fintech.

Storonsky (pictured) sold somewhere between £153m and £230m of his holding in the London-based app. But this is a small portion of his overall stake.

Nik Storonsky accounted for between 40% and 60% of the $500m of Revolut stock that was sold at a $45bn valuation last month, Sky News learns.

Founder and chief exec at fintech giant Revolut, Nik Storonsky, has reportedly sold shares worth up to $300 million (£230 million) in the company.