SCALE REVOLUT

“I think it's obviously much easier for us, given the new administration, plus that we have so many other banking licenses, plus we have a banking license in the UK now. So for us, it became much easier compared to two years ago.”

“We're just looking for ultimately three things. First is high IQ or brains, and then we have certain ways how to understand whether a person is smart or not, whether they're logical or not. That's number one. Number two is character, how ambitious they are, how hungry they are. And third is skills.”

“My initial idea was to build a product, a simple app with a card attached to it that allows you to spend money anywhere in the world at interbank rate. So saving effectively $50 to $70 in every $1,000 that you spend.”

“Majority of time I dedicate still to Revolut. We're still scratching the surface in terms of what is possible in building first truly global bank. Now we're in 40 countries, we want to be in 100 countries.”

“Well, the way I think about it, we kind of will be ready probably in two years' time. But then again, depends on how good the market is. So we're a bank, and then for the bank, it's super important to have trust, and then public companies are trusted more compared to private companies.”

“In terms of investment, I think there has to be a scientific approach rather than human judgment. And then we build effective models that invest in startups, Series B, based on millions and millions of data points on startups. So they are trained machine learning models that invest.”

“In five, ten years' time, we'll see more and more consolidation. I think we'll see more and more certain digital champions in the regions taking more and more banking shares in these regions. Maybe it will take ten years, maybe it will take fifteen years, twenty years. But I do think that we'll see less and less legacy banks.”