Saturday, March 28, 2020

Revolut CEO: Fintech is “just getting started” – AltFi News

Challenger Banks

The banking boss of the digital disruptor is bullish when it comes to the future for innovation within the financial services industry.

Image source: Revolut

Digital banking ‘challenger’ Revolut now claims a global customer base of 10 million souls and so you could be forgiven for saying it has moved away from its start-up roots and is now grown-up and squarely in the financial establishment. 

Not quite turning a profit, of course, but Revolut is very much growing revenues and has even hired City grandee, Sir Martin Gilbert, to keep a watchful on corporate governance as chairman of the board.

With the, well revolution, for want of a different word, now starting to mature on many fronts you could be forgiven for asking; “is the fintech buzz fading away?”

Revolut’s co-founder and CEO Nik Storonsky offers up a more bullish forecast. He thinks the best is yet to come.

“I think it is just getting started,” he said last week at the Paris Fintech Forum.

“We are seeing larger and larger convergence between us and the banks.


Prakash is a tech freak, passionate about every new gadget and technology that comes his way. Always searching, always curios, he managed to gather an astounding experience that is very useful in his journalistic career.

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