It’s worth noting that

It’s worth noting that today’s news comes as Revolut still doesn’t have a banking license in the U.K. after years of back and forth with British regulators. The company applied for a U.K. banking license back in 2021.


According to Companies House, Carlesi is the new chief executive of Revolut NewCo UK. This is the same entity that has applied for a UK banking license.


Before joining Revolut, Carlesi was a banking executive at Barclays and Deutsche Bank. She worked for McKinsey and Bridgepoint Capital as well. She also co-founded and headed Molo, a fintech startup focused on online mortgages. In particular, Molo uses real-time data validation to make credit decisions instantly after you apply.


Carlesi will start at Revolut in December and replace James Radford. Interestingly, Radford stepped down from his role as UK CEO of Revolut back in March.


It took Revolut eight months to find a replacement for this role, indicating that Revolut is either moving carefully or that it’s a difficult position. Today’s news also comes a few days after Kitty Ussher, former economic secretary to the Treasury and a former MP, resigned from the board of Revolut’s UK