Revolut Is Testing the Limits of Finance

In an article in Bloomberg Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company; his company now has over 4 million customers and they grew their customer base three fold in 2018; of the 800 employees at Revolut, 150 of them are in compliance; they want to rely on machines to make decisions and some industry experts question the wisdom of this; he acknowledges that things are different in finance, “To cut corners, it is just not possible in our environment,”. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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