Revolut UK CEO Says London’s Role as Fintech Hub Under Threat

  • Revolut could list in London eventually, UK head Carlesi says
  • Finance firm is adding about a million new customers a month
Francesca CarlesiSource: Revolut Ltd.
Lock
This article is for subscribers only.

The new UK boss of Revolut Ltd. is calling for action to shore up London’s place as the global center for fintechs.

With Paris and New York competing to host promising finance startups, London is at risk of a growing drift of workers away from the city, according to Francesca Carlesi, who joined Revolut in December. This week, she signed up to a new “Unicorn Council” of the UK’s largest fintechs, set up by trade body Innovate Finance, to push the government on startup-friendly policies.