101–110 of 256 posts
Facts: CEO's father is a deputy director Gazprom, and one of the investors is Yuri Milner, who the paradise papers outed for channeling Kremlin cash in to tech co's.
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I really don't see a problem with this. It's not the "working on weekends" that's the issue, it's KPIs. If you promise something, deliver it. If you don't think you can, don't promise it!
If the CEO sets the KPI, and the KPI is not achieveable, does that mean he should fire himself for not meeting expectations? He failed at his job, after all.
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If you truly don't understand why there are anti money laundering laws I suggest you go commit some crimes for large financial gain and then figure out what the hell to do with the money such that you can use it.
That's the not the point of the thread you're replying to. Someone claimed that it was the bank's fault because they did nothing to prevent money laundering. Why would they if they are not forced to? When you run a business you do not turn customers away, especially they they want to give you plenty of cash... It's naive or hypocritical to claim otherwise.
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Wow, don't expect any revolutionary products out of a company with such a hostile working environment. I also completely lost any trust that this company can safely deal with my money and private data securely. Absolutely disgusting.
Their product is pretty revolutionnary. Monzo is way better though.
Hmm... I've been #6000 or so on their waitlist for a card here in Australia for the past 9 months. I've emailed them a couple of time but just been told "be patient". Apparently I can skip 5000 ahead in the the line by referring a friend to their service - however the sheer length of delay and these recent incidents have motivated me to simply cancel my wait for their service. Perhaps I should check the wait list cou…
I'm guessing that their waitlist is nothing more than a low-effort MVP to convince a regulatory body that the residents of a country want their service there.
Blog post just out stating that resignation not related. https://blog.revolut.com/let-me-sec-the-record-straight/
"I hope your KPI isn't tied to effectively running the company because I'd say your performance rating is "significantly below expectations" and we both know what that means."
Oof.
also CEO of Revolut: "Why aren’t you working on weekends?" https://twitter.com/phillipcaudell/status/110108122935141580...
Damn... very disapointing considering how cool their product is. Monzo is better anyway, and the best bank app on the market, and I’ve heard it’s a cool place to work at. Just wish they would be faster to come to the US.
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If the CEO sets the KPI, and the KPI is not achieveable, does that mean he should fire himself for not meeting expectations? He failed at his job, after all.
Ideally, employees/managers would push back when KPIs are set
I don't like how aggressively Revolut tries to up sell you its premium service. Revolut's metal card seems more like a status symbol and the service seems secondary. Additionally they still have no accounts where I am resulting in IBAN fees. In contrast transferwise may not support "crypto" (Revolut doesn't let you send out or in crypto making it more or less useless) but they are not trying to up sell you and they d…
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 have one, and aside from how it's practically useless because I can't top up fiat into it (I currently have to do SGD>EUR>BTC>SGD just to use the card), it's also heavy.
Maybe I'm just the type of customer that they're not targeting.
Money laundering in traditional banking?!?! I thought that only happened in cryptocurrency!