FinTech Magazine April 2026 | Page 95

RACHEL REEVES
CREDIT: WPA POOL VIA GETTY
DIGITAL BANKING

“... a true pioneer in the UK’ s fintech journey, a sector which is now the envy of the world”

Rachel Reeves, Chancellor of the Exchequer, UK Government

RACHEL REEVES

TITLE: CHANCELLOR OF THE EXCHEQUER
COMPANY: UK GOVERNMENT
INDUSTRY: FINANCE, GOVERNMENT
LOCATION: UK
As of 2026, Rachel Reeves serves as the UK’ s Chancellor of the Exchequer, the first woman to hold this historic office. A former Bank of England economist and chess champion, she leads the nation’ s fiscal policy with her securonomics strategy, focusing on stability, infrastructure investment, and sustainable growth.
The company’ s trajectory for growth has been immense. Growing its presence in its home turf, Revolut recently announced that as part of its global expansion, it will invest £ 10bn( US $ 13bn) over the following five years, also aiming to create 10,000 new jobs.
Commenting on Revolut’ s UK jobs and economic investment Rachel Reeves, UK Chancellor of the Exchequer says:“ Great news that Revolut has received its full banking licence today from the PRA. In 10 years the company has grown to more than 10,000 employees with 70 million customers globally – a true pioneer in the UK’ s fintech journey, a sector which is now the envy of the world. This comes after the good news last year that Revolut will invest £ 3bn in the UK and create 1,000 highly skilled jobs over the next five years.”
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