FinTech behemoth Revolut names a new UK CEO amidst difficulties getting a banking license

Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche Bank, was most recently the CEO of Molo Finance, a digital mortgage lender. Revolut’s spokesperson…

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Meta’s WhatsApp is going after big businesses to capitalize on the app’s popularity

It’s been nearly a decade since Facebook founder Mark Zuckerberg shocked the tech world by announcing that his company would spend $19 billion on WhatsApp, the popular messaging app with a small business presence. Since then, WhatsApp has remained somewhat of an anachronism. Usage continued to grow, with over 2 billion people using the app…

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