International payments fintech Revolut has hired ex-Bank of Queensland CFO, Matt Baxby, as their Australian CEO.
Revolut has raised $500 million in funding on a $5.5 billion valuation.
In announcing his move on LinkedIn, Baxby said, "Really pleased to have the opportunity to join Revolut to lead their push into the Aussie market. Having just closed a US$500m funding round, the ambition to create a truly global platform for retail and business customers is real."
Revolut is a banking alternative that boasts more than 10 million customers across Europe, and is making a dedicated push into Australia. Industry Moves has reached out to the company for comment and will update this story when their response is received.