The digital bank has set its sights on US domination after first announcing its plans to launch stateside back in 2018.
Recently Revolut appears to have ramped up the launches of new features, just last week it announced the launch of a new perks feature that allows customers to earn cashback or discounts when they spend.
Revolut has appointed US banking veteran Ronald Oliveira to the CEO position as they continue to pursue US domination.
For over 40 years, Oliviera has worked for several banks, including the Union Bank of California, where he worked for over 21 years, and most recently he spent over six years at Avidbank, a commercial lending bank based in California.
The five-year-old digital bank seems to be on the hunt for executives with a long history in finance, both here and across the pond, as it’s reportedly in pursuit of a UK banking licence, having operated in the UK for five years without one.
At its most recent valuation, Revolut was valued at $5.5bn after a massive $500m Series D funding round.