Revolut’s CFO Mikko Salovaara has resigned from the company citing “personal reasons”, the latest in a string of setbacks for the fintech as it pushes to become a global ‘super app’ and secure a UK banking licence.
Salovaara joined the neobank in January 2021 as VP of finance and was promoted to group CFO just four months later. His resignation comes months after auditor BDO said it was unable to independently verify three-quarters of the fintech company’s revenue in its delayed 2021 accounts.
Commenting on his departure, Salovaara said: “I am grateful for the opportunity to serve as group CFO at Revolut and remain confident in the firm’s future success.”
Nikolay Storonsky, CEO at Revolut, added: “I thank Mikko for his contribution and wish him well on his next steps.”...