Nik Storonsky, co-founder and CEO of fintech startup Revolut, has called for an immediate cessation of hostilities in Ukraine in an open letter. He has written:
"I would like to make clear, publicly, what I’ve felt privately from day one: war is never the answer. I am horrified and appalled at its impact, and I add my voice to those around the world calling for an immediate end to the fighting, and a commitment to diplomatic solutions. Not one more person should die in this needless conflict."
Revolut's CEO has explained that for him, as for many, the idea of a war between Russia and Ukraine is not only horrifying, it is almost unbelievable. Storonsky, who is Russian by origin and holds British citizenship, has a Ukrainian father. Among his friends and relatives there are also many who are connected to this country.
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The CEO of the fintech startup has revealed Revolut users have donated more than £1 million to the Ukrainian Red Cross in 24 hours.
He has promised that over the next seven days, the company will add the equivalent of every pound, euro, zloty or franc donated, up to £1.5 million. Customers from 26 countries can contribute, and the number will increase in the future.
Customers in Ukraine are exempt from transfer fees when using the application.