Revolut recruited former members of the management of the Bank of Israel, Leumi and Hapoalim

British fintech giant Revolut is in the final stages of negotiations with the Bank of Israel to obtain a license to operate in the country as a “small” bank.

This will allow the company to offer Israeli clients a wider range of financial services, including accepting deposits from the public and issuing loans.

As The Marker reports, against this background, the board of directors of Revolut Payments Israel, through which the bank operates in Israel, has been replenished with a number of people from the management of the Israeli banking system.

In particular, we are talking about Shmuel Ben-Zvi, who served on the board of directors of Bank Leumi for 9 years, Lior Giorgi, former director of the information technology department at the Bank of Israel, Gilad Agranovich, who held senior positions in risk management at Bank Hapoalim.