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.
Source: [TNW](https://thenextweb.com/news/revolut-storonsky-250mn-share-pledge-project-shasta)