Felipe Peñacoba Martinez

CIO & Board Member - Revolut Bank (eu) at Revolut

Felipe Peñacoba Martinez serves as the Chief Information Officer and Management Board member at Revolut Bank (EU) since June 2021, overseeing IT service delivery and strategic initiatives. Previously, at Finastra from April 2019 to June 2021, Felipe held the position of Senior Director and Enterprise Architect for Retail & SME Banking, focusing on client relations and industry expertise. Felipe also worked at Santander UK from July 2014 to April 2019, holding the roles of CIO for Retail & Business Banking and Head of IT Engagement in Corporate & Commercial Banking, where responsibilities included managing IT strategy and change agendas. Earlier career experience includes a Senior Manager position at ISBAN and Accenture, contributing to significant projects in the banking sector. Academic credentials include an Oxford Fintech Programme certificate and advanced degrees in Economics from Universidad del País Vasco.

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Revolut

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Revolut is an app-based financial services technology company. Founded in 2015 and headquartered in the UK, Revolut serves 20 million customers around the world as they make over 250 million transactions per month. They have over 5,000 employees in offices around the world, including New York, Tokyo, Madrid, Barcelona, Paris, Mexico City, Berlin, Budapest and Bucharest with further expansion planned. Revolut offers both personal and business accounts, helping customers improve their financial health and easily connect with the global economy through a variety of features, including On Demand Pay, personalized Loans, Pet Insurance, Currency Exchange, Budgeting and Analytics, peer-to-peer payments, Saving Vaults, Junior, Stays, and Trading. Revolut’s top five countries, based on the number of retail customers, are the UK with 4.8 million customers, Romania with 2 million, Ireland with 1.9 million, Poland with 1.7 million, and France with 1.5 million customers. In 2021, Revolut raised a $800 million Series E round led by Softbank and Tiger Global, valuing the business at $33 billion.


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