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Revolut Bulks Up Crypto Business With Hiring Spree

  • Fintech firm has tripled its crypto headcount since July 2021
  • Crypto assets account for 5%-10% of Revolut’s revenue globally
Nikolay Storonsky, chief executive officer of Revolut.

Nikolay Storonsky, chief executive officer of Revolut.

Photographer: Luke MacGregor/Bloomberg

Revolut Ltd. plans to increase its crypto headcount by 20% across Europe, the UK and US over the next six months, a bright spot in the current digital-assets industry downturn and a rare sign of growth against the backdrop of a wider slowdown in hiring by tech firms.

The London-based fintech firm is currently advertising for 13 crypto-focused roles, including in compliance and financial crime prevention, as well as software engineers and professionals with crypto experience working in legal fields. The startup has already hired 43 crypto staff this year, tripling the team’s total headcount since July 2021. The company has more than 230 open positions across all its teams.