Mikko Salovaara, the Team Chief Monetary Officer at Revolutis leaving the excellent of a fintech after larger than two years of becoming a member of, citing “personal causes.”
The Departure of Revolut’s CFO
Mikko Salovaara
“I’m grateful for the opportunity to succor as Team CFO at Revolut and remain confident within the agency’s future success,” Salovaara wrote in a observation despatched to the media homes.
The departure came when the Londo-headquartered digital monetary institution faces scrutiny as auditor BDO could well well no longer test three-quarters of the income reported by the fintech in its delayed 2021 accounts. The company could well be in quest of a banking license within the UK, for which it utilized in 2021.
Revolut clarified that Salovaara’s departure is unrelated to the worries flagged by BDO about the company’s financials. The company further wired that Salovaara voluntarily resigned, no longer being fired, and it could per chance maybe well well no longer present his ‘personal causes’ dumb the pass publicly. It is far unclear if Salovaara is becoming a member of any company or has diversified plans.
“I thank Mikko for his contribution and desire him neatly on his subsequent steps,” talked about Revolut’s CEO, Nik Storonsky.
A Winning Fintech
Revolut is a huge company providing digital banking services and products within the UK, Europe, and several other diversified worldwide locations. Its offerings consist of no-fee fresh accounts, foreign alternate, stock, and cryptocurrency buying and selling, amongst others. The valuation of the fintech used to be slashed by 46 percent to $17.7 billion earlier this twelve months by Schroders, one of Revolut’s most steadfast investors.
Established in 2015, the company became winning final twelve months with a pretax profit of £59.1 million on income of £636.2 million. The profitability came a twelve months after with a pretax loss of £205 million.
In the period in-between, Revolut witnessed several senior departures final twelve months. Some of them are Revolut’s UK Chief Likelihood Officer, Victoria Stubbs, UK Head of Regulatory Compliance Justine Wootton, and Mathew Seneviratne, who used to be the UK Money Laundering Reporting Officer.
Mikko Salovaara, the Team Chief Monetary Officer at Revolutis leaving the excellent of a fintech after larger than two years of becoming a member of, citing “personal causes.”
The Departure of Revolut’s CFO
Mikko Salovaara
“I’m grateful for the opportunity to succor as Team CFO at Revolut and remain confident within the agency’s future success,” Salovaara wrote in a observation despatched to the media homes.
The departure came when the Londo-headquartered digital monetary institution faces scrutiny as auditor BDO could well well no longer test three-quarters of the income reported by the fintech in its delayed 2021 accounts. The company could well be in quest of a banking license within the UK, for which it utilized in 2021.
Revolut clarified that Salovaara’s departure is unrelated to the worries flagged by BDO about the company’s financials. The company further wired that Salovaara voluntarily resigned, no longer being fired, and it could per chance maybe well well no longer present his ‘personal causes’ dumb the pass publicly. It is far unclear if Salovaara is becoming a member of any company or has diversified plans.
“I thank Mikko for his contribution and desire him neatly on his subsequent steps,” talked about Revolut’s CEO, Nik Storonsky.
A Winning Fintech
Revolut is a huge company providing digital banking services and products within the UK, Europe, and several other diversified worldwide locations. Its offerings consist of no-fee fresh accounts, foreign alternate, stock, and cryptocurrency buying and selling, amongst others. The valuation of the fintech used to be slashed by 46 percent to $17.7 billion earlier this twelve months by Schroders, one of Revolut’s most steadfast investors.
Established in 2015, the company became winning final twelve months with a pretax profit of £59.1 million on income of £636.2 million. The profitability came a twelve months after with a pretax loss of £205 million.
In the period in-between, Revolut witnessed several senior departures final twelve months. Some of them are Revolut’s UK Chief Likelihood Officer, Victoria Stubbs, UK Head of Regulatory Compliance Justine Wootton, and Mathew Seneviratne, who used to be the UK Money Laundering Reporting Officer.
