Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

TL;DR

Revolut co-founder and CTO Vlad Yatsenko is stepping down in July, moving to a board role. Eight-year engineering veteran Donato Lucia will replace him as the digital bank targets a $200 billion US IPO.

Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storonsky told David Rubenstein earlier this year, “it was easier for him to recruit engineers if he had the title co-founder.”

That pragmatic beginning has now reached its natural conclusion. Yatsenko will step down as chief technology officer on 1 July 2026, moving to a non-executive director role on Revolut’s board, according to Sifted and a company statement.

“I feel content with this decision, as Revolut has grown from a young, ambitious startup into...

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