SHIFT · EU
Revolut recruits JP Morgan executive to lead European banking operations
Revolut hired Kuba Fast, the executive who launched Chase UK for JP Morgan, to lead its European banking expansion, signaling ambitions to scale regulated banking services across EU markets.
WHY IT MATTERS
Indicates fintech consolidation around regulated banking; Revolut's hire of a Big-4 banking architect suggests pivoting from neo-bank branding to full-stack licensed banking to compete for enterprise and institutional deposits.
Source: Finextra · 2026-07-10