A report describes high turnover and toxic workplace culture at finance startup Revolut
A pair of reports last week painted a negative picture of UK-based finance startup Revolut. Wired described a workplace where turnover and toxic behavior is rife, while The Telegraph says that the company had turned off a system designed to prevent money laundering for three months in 2018, something that Revolut denies.
Revolut is the company behind a finance app that allows users to transfer money to one another, exchange different types of currencies and cryptocurrencies, and issues a debit card. Founded in 2015 in London, it describes itself as an alternative to traditional banking by doing away with fees, and says that it has more than 4 million customers who have transferred more than £25 billion across 250 million transactions….