Revolut lost its co-founder this week. Donato Lucia takes over as head of technology from Vlad Yatsenko, but the role won’t carry the CTO title. According to a company press release, the successor’s position will be called vice president of technology, a step down in the C-suite hierarchy.
Yatsenko, who joined Revolut as its first employee and received the co-founder title to help recruit engineers, moves to the board as a non-executive director. He’s out of operations July 1.
Nubank moved faster. A 6-K filed with the SEC on Monday confirmed Rob Livingston, with more than three decades of experience in financial services, takes the CFO role July 13. Livingston spent 12 years at Visa, most recently as CFO for North America, plus 18 prior years at Capital One. Lago, a five-year CFO who oversaw Nubank’s growth to 135 million customers across Brazil, Mexico, and Colombia, exits to an advisory role. Nubank received conditional OCC approval to establish a U.S. national bank in January.
Adyen rounds out the week. CFO Ethan Tandowsky exits August 31, per a May 27 press release. He joined Adyen in 2016 and became CFO in 2023. His stated reason: an “opportunity outside of fintech.” No successor named.
The common thread isn’t coincidence. Revolut applied for a U.S. banking charter in March. Nubank cleared its first OCC hurdle in January. Adyen is competing against Fiserv, Worldpay, PayPal, and Stripe for U.S. market share. When challengers cross into regulated banking, they don’t just hire for experience. They buy credibility. Livingston ran Visa’s North American finances for 12 years. That’s the Nubank U.S. bet in one resume line.
Livingston starts July 13.
Diana Kowalski