In this episode of the 20VC podcast, host Nik Storonsky, CEO of the fast-growing fintech company Revolut, shares insights into his leadership approach and the company's journey. The conversation delves into how Revolut prioritizes key performance indicators, the challenges of scaling the team—especially the costly missteps in hiring seasoned managers—and the complexities of navigating U.S. regulations and the neobanking landscape. Storonsky discusses Revolut's bold product development strategy, which involves taking high risks by pursuing multiple product initiatives simultaneously. He also reveals his personal leadership philosophy, which values execution over flashy presentations and embraces a work-life imbalance to reach ambitious goals. Additionally, the interview explores Revolut's expansion plans, its interactions with regulators, and Storonsky's perspectives on cryptocurrency and the future of banking.
