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TIME100 Most Influential Companies 2022: Revolut

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.RevolutApp—Britain’s biggest financial technology startup, worth $33 billion—has captured global attention amid Russia’s war in Ukraine by allowing refugees from the region to sign up for accounts without the usual documentation TIME100Companies

to sign up for accounts without the usual documentation, like proof of European citizenship.

“We felt it was imperative to help those most affected by providing a service that gives them easy, quick access to their money,” says co-founder and CTO Vlad Yatsenko, whose company offers money transfers, prepaid cards, and currency swaps. While drawing widespread praise, the gesture has failed to paper over high staff turnover amid accusations of a cutthroat corporate culture, not to mention a balance sheet that remains firmly in the red.

 

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