Home » Business » Revolut’s Financial Director Mikko Salovaara Steps Down Amidst Strong Company Performance

Revolut’s Financial Director Mikko Salovaara Steps Down Amidst Strong Company Performance

The financial technology company “Revolut” has come out with a completely unexpected announcement. Its financial director Mikko Salovaara has decided to leave his position in this company after two years of work. This decision was voluntary and made for personal reasons.

In her statement, Salovāra thanked for the opportunity to work as the financial director of “Revolut” and expressed confidence in the future success of the company. He did not explain his reasons for leaving in more detail, but it is known that they are not related to professional activities. Meanwhile, Revolut emphasizes that the company has a strong finance department and will announce in the near future who will continue to drive it towards its goals.

Recently, Revolut as a company has been doing very well. Delayed data in the latest financial report show that the company has finally started working with profit in 2021. Revolut recorded net revenue of $31.7 million and predicts that revenue for 2022 could grow by 30% compared to 2021. In parallel, “Revolut” continues to wait for the bank license of the United Kingdom, for which it first applied in January 2021.

It should be noted that Revolut is one of Europe’s most valuable financial technology companies, valued at $33 billion. It offers free checking accounts, stock and cryptocurrency trading, insurance, travel booking and other services.

2023-05-12 11:05:31
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