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Jul 8, 2019

Inside Revolut’s bid to be the Amazon of banking, and the lessons it’s learned from breakneck growth

Posted by in category: finance

Revolut was the subject of negative media coverage earlier this year. A Wired report on the company highlighted toxic workplace behavior and high employee turnover, while multiple reports out of The Telegraph suggested a lapse in the company’s sanctions screening system could have resulted in illegal transactions going through.

Employees with a performance rating that missed expectations significantly “will be fired without negotiation after the review,” Storonsky told staff on the workplace messaging tool Slack last year, according to a screen grab obtained by Wired.

“There were some moments that were true in the Wired article,” Revolut’s CEO said, without pinning down which of those claims were valid.

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