Revolut’s Crypto Head Steps Down Ahead of Firm’s Digital Asset Expansion Move

Abstract:

• The top of crypto at Revolut has left the agency lower than six months into the function
• The transfer comes as Revolut is gearing as much as push new crypto merchandise into the market
• The vacant place will initially be crammed internally, and as a everlasting substitute is sought

The top of crypto at Revolut, Jean Meyer, has reportedly left the corporate.

Mr. Meyer joined Revolut in September of 2021 after the corporate acquired Needed –  a expertise sourcing market based by Meyer alongside Balazs Alexa, Guillaume Breux, Mario Eguiluz, and Eva Peris in 2019. After the acquisition, Meyer labored as Revolut’s Product Lead earlier than transitioning into the function of Head of Crypto in January of this 12 months.

According to sources, the pinnacle of crypto function will probably be crammed internally as Revolut begins the method of discovering a everlasting substitute with time.

Revolut Has Been Increasing its Digital Asset Providing Globally

Information of Jean Meyer leaving the corporate comes when Revolut is increasing its crypto choices throughout the globe. In mid-January, Revolut launched as a financial institution in 10 Western European markets, together with Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, and Sweden.

Additionally, in the identical month, Revolut launched an replace of its Saving Vault product permitting Revolut prospects within the UK to earn 0.7% curiosity on their financial savings.

In February, Revolut acquired the Mumbai-based foreign exchange enterprise of Arvog Foreign exchange Personal Restricted. It additionally secured an Australian Credit score Licence permitting it to supply credit score and lending merchandise to Australian prospects. Quickly afterward, Revolut launched inventory buying and selling in Australia.

Extra About Revolut

Revolut was launched within the UK in 2015 with a imaginative and prescient of making a world monetary tremendous app to assist individuals get extra from their cash. As we speak, greater than 18 million prospects worldwide use Revolut and its dozens of revolutionary merchandise to make greater than 150 million transactions monthly.