Martin Gilbert tipped to join Revolut as chairman

Photo: Ore Huiying/Bloomberg

LONDON: London based fintech unicorn Revolut is reportedly planning to appoint Martin Gilbert as its chairman to strengthen governance and win over investors ahead of an upcoming fundraising.

Mr Gilbert was recently appointed as an adviser to chief executive of Revolut only a few months.

Two people familiar with the situation have told Financial Times his appointment to the board is expected to be announced in the next few weeks.

Mr Gilbert will join Revolut as its first ever chairman.

Revolut is one of Britain’s fastest growing fintechs. It has around 6m customers and a full Eurozone banking licence.

With the appointment, Revolut is looking for further fundraising and business expansion into new areas such as share trading.