FinTech behemoth Revolut names a new UK CEO amidst difficulties getting a banking license

Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche Bank, was most recently the CEO of Molo Finance, a digital mortgage lender. Revolut’s spokesperson…

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Cybersecurity firm Darktrace recruits auditing firm

Cybersecurity firm Darktrace recruits auditing firm to review its financial processes Cybersecurity firm Darktrace said it has hired auditing firm EY to review its important financial processes and controls in an attempt to ensure confidence of investors after a short seller QCM accused the Darktrace of manipulation in its accounts. Geoffrey Hurst, chair of the board said,…

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