Revolut announced the appointment of Michael Sherwood, former Co-Chief at Goldman Sachs International, as a Non-Executive Director.
Ian Wilson, with executive experience at RBS, Santander, Tesco Bank, and Monzo, also joins as a Non-Executive Director.
These appointments follow Revolut's successful Series D funding round, raising $500 million at a valuation of $5.5 billion.
The funding is aimed at expanding retail and business offerings, launching banking operations in Europe, and driving profitability in 2020.
The new board members bring extensive finance and banking experience to support Revolut's global banking ambitions.

Revolut is a financial technology startup providing a range of services designed to enhance money management and spending. Users can sign up for free and engage in everyday transactions with benefits such as cashback. It supports multicurrency spending, offers various accounts such as Joint Accounts, and includes saving options with interest gains. Revolut also enables sending money abroad, splitting bills, and offers stock investment opportunities. There are different plans available, from Standard to Ultra, each with increasing perks like in-app support, spending protection, higher investment limits, and exclusive lifestyle benefits. Over 35 million people have joined Revolut.

Revolut

Financial services, banking, spending, cashback, global currency exchange, investments.

Revolut Bolsters Board with Finance Experts

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