Revolut

2022 - 3 - 10

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Image courtesy of "Bloomberg"

Revolut Executive Exits to Seek $100 Million for Crypto Startup (Bloomberg)

Revolut Ltd.'s Chief Revenue Officer Alan Chang is leaving the U.K. financial technology startup for a new crypto-currency venture and is seeking to raise ...

He has already invested millions of dollars himself, one of the people said. Chang is seeking to raise the new funds in exchange for future access to tokens, according to people familiar with the matter, who asked for anonymity because the matter is private. Revolut Ltd.’s Chief Revenue Officer Alan Chang is leaving the U.K. financial technology startup for a new crypto-currency venture and is seeking to raise roughly $100 million in financing.

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Image courtesy of "pymnts.com"

Revolut CRO Leaving to Start Crypto Platform (pymnts.com)

Revolut Ltd. Chief Revenue Officer Alan Chang will leave the U.K. financial super app company to launch a cryptocurrency platform.

In February, Revolut unveiled a new tool for its travel product Stays that lets customers book their stay and pay when they arrive. Revolut Stays lets customers in the United Kingdom and the European Economic Area make a reservation with the app and choose to pay when they arrive for their stay with their Revolut card or pay upfront using the app at the time of booking. “After almost seven years, Alan Chang will be leaving Revolut,” a spokesperson for the firm told Bloomberg. “We wish him every success in his new venture.” Chang, who was Revolut’s fifth employee, didn’t respond to requests for comment.

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