Fintech Insider Podcast by 11:FS cover image

Fintech Insider Podcast by 11:FS

960. Insights: The future of Revolut with UK CEO Francesca Carlesi

May 8, 2025
Francesca Carlesi, UK CEO of Revolut and co-founder of Molo Finance, shares her insights on Revolut's transformative year after securing a banking license and surpassing 10 million UK customers. She discusses the company's relentless innovation culture and plans for expansion into wealth management and SME banking. The conversation highlights the challenges of traditional banks versus fintech disruptors and emphasizes the importance of customer-centricity and trust in this rapidly evolving financial landscape.
51:25

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Revolut's achievement in securing a UK banking license marks its transition from a disruptor to a credible financial institution, enabling enhanced service offerings.
  • A strong customer-centric culture drives Revolut's product innovation, allowing quick adaptations based on user feedback and emerging needs in a rapidly changing market.

Deep dives

The Journey of Revolut's Banking License

Completing the process to obtain a UK banking license has been a landmark achievement for Revolut, marking the transition from a disruptor to a recognized financial player. The journey to securing this license was not only complicated but also a reflection of Revolut’s ambition and credibility in the market. This milestone enables Revolut to operate with a dual identity, providing enhanced services while maintaining a user-friendly app with the same innovative experience. The goal moving forward is to mobilize fully under this new banking entity, allowing Revolut to offer more comprehensive financial products to its customers.

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