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Revolut CFO resigns following money laundering controversy

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191–200 of 256 posts

Re: Revolut CFO resigns following money laundering controversy

#192

How do I cancel my account? Nothing in the FAQ and support chat in the app is trying to sell me a metal card. EDIT: found it: https://www.revolut.com/help/profile/i-want-to-terminate-my-... EDIT2: What a shit show, I have been trying to delete my account for more than 30 minutes now. When you chat through the app you are first connected to a bot which you need to tell you want to talk to a human, after waiting a whil…

"Your message wasn't delivered to support@revolut.com because the address couldn't be found, or is unable to receive mail."

Deleting my account now as well

Re: Revolut CFO resigns following money laundering controversy

#193

Earlier quoted context omitted.

Nothing to do with that. It's because of this: https://twitter.com/phillipcaudell/status/110108122935141580... and how the company operates. Not something I want to support.

Oh I see, fair enough, that makes a lot more sense! Good on you for taking an ethical stance and good luck actually cancelling.

In addition to the ethics, I'd be very concerned about being a customer of Revolut in the future.

Once they stop buying market share, this attitude toward others is likely to apply to their customers as well.

Re: Revolut CFO resigns following money laundering controversy

#194
post #74
post #62

Earlier quoted context omitted.

Revolut, N26 and Monzo all have premium accounts with metal cards which are nothing than a status symbol. The banking industry has been doing this for years though with premium credit cards, so it's nothing new.

I don’t think it’s true that Monzo has a metal card.

The closest monzo has is an investor card for crowdfunding investors.

Re: Revolut CFO resigns following money laundering controversy

#195
post #166

I’m looking forward to the coming Theranos/Frye Festival postmortem exposés. With respect to the CFO, My uninformed guess is that he originally argued for compliance, but was bullied into “playing along” with the growth at ALL costs mantra.

They for sure have an independent compliance officer who is responsible towards the FCA. That’s the one to bully, not the CFO.

[deleted]

Re: Revolut CFO resigns following money laundering controversy

#196
post #123
post #81

Earlier quoted context omitted.

I highly recommend Monzo instead :) it is light years ahead of Revolut.

Revolut is the only bank I know of that does free fx conversions, it's a huge feature and money saver for people that have bank accounts in different countries and currencies.

For what it's worth, Monzo is a Bank, Revolut isn't

Re: Revolut CFO resigns following money laundering controversy

#197
post #111
post #100

Earlier quoted context omitted.

I started with Monzo but switched to Revolut, and I can say Monzo is not light years ahead at all.

The people of London will have to disagree with you. Monzo has won the war there.

What war? All banks are better than both Monzo and Revolut in almost all aspects. They only reason everyone (myself included) has Monzo and Revolut is because VC are happy to pay my FX fees until I ditch them for the next VC funded app

Re: Revolut CFO resigns following money laundering controversy

#198
post #81

Earlier quoted context omitted.

I highly recommend Monzo instead :) it is light years ahead of Revolut.

What are the reasons one should get a banking app? I’ve never heard of Revolut or Monzo.

VCs paying your FX fees

Re: Revolut CFO resigns following money laundering controversy

#200
post #184

Earlier quoted context omitted.

Is it not possible that this person just disagreed with your logic, conclusion, or both, and did not want to comment? I find this to be a quite cynical and paranoid take on being downvoted in this case.

So we just go around downvoting comments we don't agree with? Paranoid? Really? Edit: Also, I asked dude to explain to me. He/she is free to do so, I was genuinely curious. But also, yes, I am cynical when it comes to the Russian mob. I mean government.

> So we just go around downvoting comments we don't agree with?

Is this that surprising at all? Discussions about this have been on reddit for years. This is the internet. No one owes anyone a civil argument or even a response, and a lot of bad faith actors are out there.

> Paranoid? Really?

Yes. I would categorize a comment that claims a lack of response by someone who downvoted you is assumed to be paid by Russians as paranoid.

EDIT: I'm not quite sure how seriously to take this exchange considering you both deleted the comment I was referring to in addition to responding on a comment I made on a post over a week ago on a completely unrelated topic.

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