Revolut co-founder steps aside

Revolut co-founder Vlad Yatsenko is stepping down from his role as chief technology officer, marking the most significant leadership transition in the company’s 12-year history and signalling a new phase of maturity for one of the world’s most valuable fintech firms.

Revolut co-founder steps 

Yatsenko, who co-founded Revolut alongside CEO Nik Storonsky in 2014, will become a non-executive director on the company’s board from 1 July.

During his tenure as CTO, he played a central role in building the technology platform that helped transform Revolut from a start-up challenger bank into a global financial services powerhouse serving more than 70 million customers.

The move comes at a time when Revolut is enjoying unprecedented momentum. The company recently reported record gross profit of $2.3 billion for 2025 and is valued at approximately $75 billion, placing it among the most highly valued private fintech companies globally.

In a message to employees, Yatsenko described the transition as a natural evolution, noting that Revolut has grown from a young and ambitious start-up into a mature global organisation with significant international influence.

Technology Leadership Passes to Internal Veteran

Replacing Yatsenko is Donato Lucia, an eight-year company veteran who currently serves as Head of Technology. Lucia will assume the newly created title of Vice President of Technology, reflecting both continuity and a gradual evolution of the firm’s leadership structure.

The appointment highlights Revolut’s preference for promoting internal talent as it scales operations across multiple markets and product lines.

Maintaining technological excellence remains critical as the company continues to expand beyond its roots in digital banking into wealth management, payments, cryptoassets and business services.

US Banking Ambitions Gather Pace

The leadership change coincides with Revolut’s growing ambitions in the United States. Speaking to Reuters, US CEO Cetin Duransoy revealed plans to launch a US banking operation in 2027, combining traditional FDIC-insured accounts with stablecoin-based services within a single application.

The strategy reflects a broader trend across financial services, where fintechs are increasingly seeking to bridge conventional banking infrastructure with emerging digital asset ecosystems.

For Revolut, the move could further strengthen its position as a global financial super-app while opening a significant new avenue for growth in the world’s largest banking market.