Revolut’s CFO Has Resigned Amid Challenges for the Company

Peter O’Higgins, who had been the CFO for Revolut since 2016, resigned last month from the fast growing fintech; this departure comes amid growing challenges for Revolut as they deal with anti money laundering issues, an investigation over a recent ad campaign, a parliamentary probe in Lithuania and high staff turnover; Revolut stressed this resignation had nothing to do with recent compliance issues; CEO Nikolay Storonsky said, “As someone who has worked side by side with Peter for almost three years, he has been absolutely pivotal to our success, and I cannot begin to express my gratitude for his commitment, enthusiasm and accomplishments to date.” 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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