Revolut Fights Back at Persistent Bad News and Rumors

UK based Revolut has had a bad few weeks with reports showing their CFO left in January to no fanfare, the company’s work culture was the subject of a piece and perhaps most damaging was news the company disabled money laundering software; Revolut took the news head on and responded in a letter to Business Insider; they flatly denied the rumors of the software being disabled and said a review of transactions was done showing no breaches; the company did not comment on the piece about work culture and said their systems have gone through renovations like all technology based companies. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.