Revolut appoints new US chief executive

Revolut has announced the appointment of Sid Jajodia as US chief executive.

Jajodia joined the FinTech as chief banking officer last July and will continue in this role alongside his new one.

Jajodia is leading the roll out of Revolut’s international banking operations and speeding up the business’ growth in the US.

Before joining Revolut last year, he was chief executive of credit at payments business PayU.

He also spent over four years at Lending Club – first as vice president for risk management and later as chief investment officer.

The new US chief exec spent 12 years at Capital One, where he took on various roles, including senior vice president and head of SME lending.

“We are delighted to announce Sid’s appointment as US CEO,” said Nik Storonsky, chief executive and co-founder of Revolut. “Sid has been instrumental in building our global banking offer, which will help him and the team accelerate our growth in the US.”

Revolut first launched in the US in March 2020, where it offers financial services to both retail and business customers, including banking, foreign exchange, crypto and stock trading.

The company has nearly half a million active users in the US as well as c.150 employees and is actively recruiting in the US.

    Share Story:

Recent Stories

Meet Evelyn, your Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst
Meet Evelyn, an Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst, who uses native AI/ML capabilities to automate the Customer/PEP screening and Negative News screening alert adjudication processes for leading BFS organizations with greater speed, accuracy, and consistency than human analysts.

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.