News

Law

Asset Management

Investment Banking

Crypto

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Eight execs leave Revolut as virus fallout tests culture

People close to the digital bank told FN staff are under increasing pressure to meet targets

Wednesday, 29 April 2020 at 00:01

Eight execs leave Revolut as virus fallout tests culture
Photo: Getty Images

Revolut has been hit by a series of departures as an aggressive profitability push and the coronavirus crisis has put pressure on employees of the $5.5bn digital bank.

Financial News can reveal that another four executives, including two stalwarts, have left Revolut — one of the UK’s biggest unicorns and an early success story of London’s booming start-up scene. Those moves bring the total executive departures at the firm to eight since March, the start of the coronavirus outbreak in the UK.