The digital bank sets its sights on US domination
- Revolut has appointed US banking veteran Ronald Oliveira to the CEO position
- In a 40 year career Oliviera has worked for Union Bank of California and Avidbank, a commercial lending bank based in California.
- At its most recent valuation, Revolut was valued at $5.5bn after a massive $500m Series D funding round.
What this means
The challenger bank is looking to grow up quickly and is on the hunt for executives with a long history in finance, both in the UK and US.