Revolut
Comprehensive financial services platform
Company mission
To help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate
Employees
1001+
HQ Location
Canary Wharf, London, UK
OTTA INSIGHTS
78% employee growth in 12 months
Otta's take on Revolut
Theo Margolius
COO of Otta
Banks haven't innovated their consumer offering for decades, making only incremental progress on technology such as mobile banking and contactless payments. Revolut, a digital bank, is among the first in a wave of agile, mobile-first fintech players shaking up the banking sector. Specialising in mobile banking, money remittance and foreign exchange, it offers rates up to ten times cheaper than traditional banks and with a much more attractive and functional user interface, it's much easier to use as well.
Revolut currently has over 15 million users, putting it in the league of Natwest and Lloyds (which it currently partners with to provide current account functions). In 2021 it applied for a banking licence in the UK and the US, which would allow the company to offer full-service current accounts with overdrafts and loans. While this process has been drawn out, if it succeeds it will establish it as a major threat even to the largest institutions such as Barclays and HSBC.
While Revolut has been enjoying massive growth, hiring on average 300 people a month through 2022 and growing from 2100 to 5000 staff, it has struggled with the slow approval of its licences and with a major data breachin 2022 which leaked tens of thousands of customers' details. However if it can push through these issues and restore trust it will be in a good position to build into what its founder describes as "a global bank [giving] access to all financial services".
Total funding - $1.7bn
Last 2 fundraises
Jul 2020
$80m
SERIES D
Jul 2021
$800m
SERIES E
This company has top investors
Company benefits
- We’ll arm you with all of the latest tech equipment
- Competitive 401(k) plan
- Competitive vacation policy
- Flexible work hours
- Biannual discretionary performance bonus (equity)
- All the latest tech you need
- Roll with a free Revolut Metal subscription
- Pension plan
- Private health insurance
- Start the day properly with fresh fruit and cereals
- Rest up with 29 days’ holiday per year
🇺🇸 US benefits
🇬🇧 UK benefits
Company values
- Get It Done: Revoluters always push through!
 We stopped listening to excuses a long time ago - we care about results. We believe that grit, determination, skill, smartness, and courage can break through almost any wall
- Deliver WOW: We love building great products, we love delighting our customers
- Dream team: We select, coach, and retain the top talent only and give them all the support to achieve greatness
- Never Settle: Revolut is for 10x people. We never settle for being less than number 1 in anything we do
- Think Deeper: We always ask: “Is that true?” and “why?” to get to the root cause.
Founders
Nik Storonsky
(CEO)Previously 8 years of high finance experience at Lehman Brothers and Credit Suisse.
Vladyslav Yatsenko
(CTO)Previously 9 years of software development experience at Deutsche Bank, UBS and Comarch.
People progressing
Joined as a Data Scientist. Promoted to Head of Compliance after 1.5 years and again to Head of FinCrime Tech after 8 months.
Diversity & Inclusion at Revolut
- We partner with diverse community organisations and academic institutions to connect with members, students and alumni spanning a huge range of backgrounds and geographies.
- We’re always innovating, supporting big ideas wherever they come from. We never settle when it comes to increasing diversity, inclusion and a sense of belonging at Revolut.
- Only by seeking out diverse talent around the globe and by creating an inclusive workplace can we access the breadth of skills, abilities and creativity that we need to create exceptional and innovative products and services for our customers.
- We strongly believe that an inclusive working environment enables everyone to realise their full potential and to deliver outstanding service to our customers.
- We continually strive to use all the experiences that our employees bring with them to influence and shape our decision making process. We are an equal opportunities employer and we aim to recruit, train and promote based on individual aptitudes and skills.
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