Tuesday June 2, 2020

Online bank Revolut pays price of fast growth

Emmet Ryan

Technology Correspondent

@emmetjryan
3rd March, 2019
Nikolay Storonsky,

Online bank Revolut, which claims to have 200,000 Irish users, had a rough week following a string of calamities hitting the business.

Users were unable to access the service last Friday to cap off a rotten week for the British-based fintech, founded by Nikolay Storonsky.

On Thursday, Wired published a report on the firm’s hiring practices and treatment of staff, drawing widespread criticism online. Then the British Financial Conduct Authority (FCA) confirmed it was investigating the...

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