More Brexit Jobs - Revolut

[Rat Catcher]

https://www.irishtimes.com/business/technology/revolut-to-double-headcount-in-ireland-as-it-confirms-payments-shift-to-dublin-1.4160168?localLinksEnabled=false

Revolut to double headcount in Ireland as it confirms payments shift to Dublin

Move, which has been long touted, comes as fintech plans to roll out new credit offerings

Mon, Feb 3, 2020, 11:27
Charlie Taylor

Digital challenger bank Revolut has confirmed it is planning to shift responsibility for its European payments from London to Dublin as a result of Brexit.

The move, which has long been touted, comes after the company last year followed in the footsteps of the likes of Facebook and Stripe in applying for an emoney licence from the Central Bank of Ireland.

Revolut also appointed former Ulster Bank veteran Joe Heneghan to lead its Irish operations last September amid plans to scale operations locally.

The fast-growing financial technology group, which claims to have 500,000 customers in Ireland and more than seven million globally, recently advertised for a number of roles in the Republic, including for a new chief financial officer and a chief risk officer.

It employs 12 people here and said it plans to expand the Irish team to between 40 to 50 people this year.

“We remain committed to having London as our global headquarters, with Ireland planned to take on our western Europe activities subject to authorisation from the Central Bank of Ireland,” said Richard Davies, chief executive of banking at Revolut.

“Ireland was selected as a regional hub due to our large customer base in the country, and access to a highly educated and diverse pool of talent.”

Credit

Revolut, which offers a range of banking options, including a newly-launched easy-access savings account, said it intends to introduce new credit offerings shortly. These will be introduced in Lithuania initially with no timelines at present for their introduction in other markets.

Founded in July 2015 by Nikolay Storonsky, Revolut has raised $345 million (€312 million) in funding from notable venture capital firms including Index Ventures, Ribbit Capital, Balderton Capital, DST Global and Dublin-listed Draper Esprit.

The company, which obtained a full banking licence from the Bank of Lithuania in 2019, has a market valuation of $5 billion, according to PitchBook.

[Shallowhal]

I think ermy could fill the Chief Risk Officer role nicely!!

[john m]

I refered to thay yesterday without having to copy and paste when you opined that Revolute was a UK company and we might add 5% .Keep Up I cant do remedial classes for slow learners .

[Octavia1]

This revolut ....wats all that shite about ...is this wer people pay each other by 2 of them rubbing ther phones together like ther phones having sex or sumtin  and exchanging money?
Wen I first heard about it   a bird got in me car an  said to me ...." ide like to revolut you " 
Ther was an awkward  silence as I taut I was in ....then she said " do yu take card" 
Then I taut she was goin to pay me for a bit  aswell 
I thought all me Christmases had come together

[john m]

Occi your a bit like a Dinosaur dressed up in Bay City Roller tartan trimmed baggy trousers ,Your so out of date Man .Revolute is a way the kids transfer money You sign up get a card and download the app .Then when the Dudes want to Rev you you give them your phone number and they Rev some coin to you .I notice a lot of Groupes of With It Kids who get a FN on account .When they arrive the persons whos account it is pays the Chitty and the others rev their share to the taxi payers Rev account .It use to be the person who paid the bill would be promised a drink now they get the Spondulics Revved to them .Its so cool Man .

[Octavia1]

Occi your a bit like a Dinosaur dressed up in Bay City Roller tartan trimmed baggy trousers ,Your so out of date Man .Revolute is a way the kids transfer money You sign up get a card and download the app .Then when the Dudes want to Rev you you give them your phone number and they Rev some coin to you .I notice a lot of Groupes of With It Kids who get a FN on account .When they arrive the persons whos account it is pays the Chitty and the others rev their share to the taxi payers Rev account .It use to be the person who paid the bill would be promised a drink now they get the Spondulics Revved to them .Its so cool Man .

Sounds dodgy to me .....paying by bluetooth.....at least sumup yu have instant proof of the transaction.....I'll wait an let use Guinea pigs  prove its workin

[Rat Catcher]

I refered to thay yesterday without having to copy and paste when you opined that Revolute was a UK company and we might add 5% .Keep Up I cant do remedial classes for slow learners .

You didn't. You merely opined that the UK hasn't yet left the EU. Revolut cards issued to ROI clients are UK accounts, the clue is in the first 4 digits of the card number.

[Shallowhal]

John....you really are down with the kids....rev this and rev that.....rev up and....

[stonethecrows]

I'm going to start a revolution, who's with me?


Ok, now just roll this wheel with me

[john m]

John....you really are down with the kids....rev this and rev that.....rev up and....

Dont harsh me mellow If the Guys want to Rev you or Up you let it happen Man its all good .Money in the bank .

[Shallowhal]

John....you really are down with the kids....rev this and rev that.....rev up and....

Dont harsh me mellow If the Guys want to Rev you or Up you let it happen Man its all good .Money in the bank .

Sweet!!