Global FinTech Revolut has appointed EY as its new global auditor.
The decision to replace the current auditors, BDO, with EY follows a formal audit tender process.
Victor Stinga, CFO at Revolut, said: “We’d like to extend our thanks to the entire BDO team for their valued partnership and contributions over the past seven years, supporting the business through a significant period of transformation and growth.
“We are pleased to welcome EY as our new auditor for the 2026 financial year and look forward to a successful and collaborative partnership.”
The competitive audit tender process was led by Revolut Group’s audit committee, which assessed candidates against a range of criteria, including global coverage, deep financial services expertise, and digital audit capabilities.
Revolut continues hiring spree on eve of London office opening
The committee presented a formal recommendation to the board of directors, in line with the Financial Reporting Council’s practice note on audit tendering best practice.
EY’s appointment will be subject to shareholder approval in line with the applicable requirements of the Companies Act 2006.
The current auditors, BDO, will continue in office through the completion of its audit services of December 31st, 2025.
Revolut, which is seeking a full UK banking licence, is preparing to move into its new London offices in the top four floors of the prestigious YY Building, in Canary Wharf.
The company’s office footprint in London will increase by over 40 per cent to 113k sq ft as a result of the deal, which has seen Revolut commit to a 10-year lease.
The company currently has 428 roles its looking to fill, including 81 in London.
The company was founded exactly 10 years ago by Nik Storonsky and Vlad Yatsenko and now has 60 million customers worldwide, including 11 million in the UK.