Vlad Yatsenko, Revolut’s co-founder and chief technology officer, is leaving his role at the challenger bank July 1 and will become a non-executive director at the company, according to an emailed statement seen Thursday by Banking Dive.

Donato Lucia, Revolut’s head of technology, will succeed Yatsenko in the position, which will be renamed vice president of technology, the company said.

“I feel content with this decision, as Revolut has grown from a young, ambitious startup into a mature, highly impactful global company,” Yatsenko said in the statement.

A Revolut spokesperson told Reuters the company is “pleased ​that Vlad will continue ​to ⁠lend his expertise … as he remains on ⁠the ​Board.”

Revolut joins Brazilian challenger bank Nubank and Dutch payments processor Adyen in seeing transitions at the C-suite level over the past week or so.

Nubank hired longtime Visa executive Rob Livingston, who will join the São Paulo-based company July 13, succeeding Guilherme Lago, according to a Monday press release and securities filing.

Last week, meanwhile, Adyen said its CFO, Ethan Tandowsky, is exiting the company, effective Aug. 31, for an “opportunity outside of fintech.”

Nubank

Nubank’s financial leadership shakeup comes as the company is pushing into the U.S. In January, the Brazilian firm received conditional approval from the Office of the Comptroller of the Currency to establish a U.S. national bank and in March, it hired TikTok alum Kim Farrell to serve as its global marketing director.  

In Livingston, Nubank gets a CFO with more than three decades of experience in financial services, including 12 years at Visa, where he most recently served as CFO of North America. Prior to Visa, he worked at Capital One for 18 years. 

David Velez, founder and CEO of Nubank, said in a statement that Lago determined “after careful consideration” that this was the right time for him to step down, noting that the two shaped the succession plan together. 

“Rob Livingston is the right person to lead the team through what comes next. Our priorities, growth in our core markets, reshaping Nubank around AI, and disciplined international expansion, are unchanged,” Velez said in the statement. 

Lago has served as Nubank’s CFO for five years. He’ll be a special adviser to the company once Livingston starts in the finance role.

During Lago’s tenure, the company grew from a regional fintech to a global digital banking platform serving 135 million customers in Brazil, Mexico and Colombia.

“This planned transition does not change Nubank’s operating model, risk appetite or long term strategy,” Nu Holdings said in the filing, which also thanked Lago for “significant contributions” to Nu’s growth and profitability. 

Adyen

Adyen, meanwhile, called Tandowsky a “core member of the leadership team,” according to a May 27 release.

Adyen’s co-CEOs said they regretted Tandowsky’s decision to leave but valued his contributions.

“Ethan has been a constant part of the Adyen journey for nearly a decade,” Pieter van der Does and Ingo Uytdehaage said in a press release.

After joining the company in 2016 as a financial controller, Tandowsky became the head of group finance in 2020 and its CFO in 2023, according to his LinkedIn profile. 

In Tandowsky’s departure announcement, Adyen credited its soon-to-be-former CFO with steering the company’s worldwide financial operations during high-growth periods. 

Adyen, like Nubank, is losing its CFO as the company vies for a bigger U.S. market share. But it faces tough domestic rivals such as Fiserv, Worldpay and digital players PayPal and Stripe.

“Adyen’s infrastructure is built for long-term resilience, and our daily operations proceed without interruption,” a spokesperson for the company said by email. “Ethan is focused on supporting a seamless transition over the next few months while the search for a successor is carried out.”

Revolut

Revolut, too, is ramping up its U.S. presence. The U.K.-based fintech applied for a U.S. banking charter and federal deposit insurance in March and appointed a new U.S. CEO.

Yatsenko joined Revolut as its first employee. CEO Nik Storonsky gave him the title of co-founder.

“I made him a co-founder as well, because it was easier for him to recruit engineers if he had the title co-founder,” Storonsky said in an interview this year, according to Bloomberg. 

Lucia has been building core infrastructure for Revolut, the company’s statement said. He joined the company as a senior software engineer in 2018, according to his LinkedIn profile. He moved up to head of technology in April 2025.