Revolut has announced the appointment of Sid Jajodia as US chief executive.

Jajodia joined the FinTech as chief banking officer last July and will continue in this role alongside his new one.

Jajodia is leading the roll out of Revolut’s international banking operations and speeding up the business’ growth in the US.

Before joining Revolut last year, he was chief executive of credit at payments business PayU.

He also spent over four years at Lending Club – first as vice president for risk management and later as chief investment officer.

The new US chief exec spent 12 years at Capital One, where he took on various roles, including senior vice president and head of SME lending.

“We are delighted to announce Sid’s appointment as US CEO,” said Nik Storonsky, chief executive and co-founder of Revolut. “Sid has been instrumental in building our global banking offer, which will help him and the team accelerate our growth in the US.”

Revolut first launched in the US in March 2020, where it offers financial services to both retail and business customers, including banking, foreign exchange, crypto and stock trading.

The company has nearly half a million active users in the US as well as c.150 employees and is actively recruiting in the US.

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