Revolut has appointed former Goldman Sachs boss Michael Sherwood to its board.
The London-based digital bank recently announced a 拢387m fundraise, which made it the UK鈥檚 most valuable FinTech and took its valuation to 拢4.3 billion.
It has also made the former co-CEO of Goldman Sachs International a non-executive director.
Ian Wilson, a former figure at RBS, Santander and Monzo, has also joined as a NED.
The other board members are ex-Deloitte partner Caroline Britton, former Silicon Valley Bank COO Bruce Wallace and chairman Martin Gilbert, the former co-CEO of Standard Life Aberdeen.
鈥淎s we continue to grow our offer and expand into new territories, having Michael and Ian鈥檚 vast experience and knowledge will be invaluable,鈥� Revolut co-founder and CEO Nikolay Storonsky said.
鈥淏oth are major assets to Revolut and our customers as we work to become the world鈥檚 first truly global bank.鈥�
Despite Revolut鈥檚聽plans to expand into Japan, Russia, the US, South America and Asia in the next year and to grow its already聽thousands-strong headcount over its 23 offices, it is yet to turn consistent profit.
In 2017 the firm reported a 拢15m loss which grew to 拢33m in 2018.
Currensea co-founder James Lynn said the profitability of digital-only banks would present a challenge for as long as customers maintained a second traditional account to hold their income and savings.