FNG Exclusive… FNG has learned that UK based neobank Revolut has hired Nilesh Khatwani, as Global Head of Institutional Sales – Crypto. He will be based out of Dubai for his new role at Revolut.

Nilesh Khatwani joins Revolut after holding a similar role for crypto platform Crypto.com for the past three years. Nilesh had originally joined Crypto.com in 2022 as an Institutional Sales Manager. He has also previously worked at SocGen and RBS.

Revolut apparently has plans to expand out its Crypto services, in several regions outside its UK home base.

Revolut received in-principle approval to provide Crypto services in the UAE earlier this summer, and had previously been granted a CySEC MiCA license in Cyprus as a Crypto asset entity, allowing the company to provide retail crypto trading throughout the EU. The company recently hired the former CEO of Trading.com, Georgios Vasiliou, as CEO of Revolut Cyprus.

Nilesh posted the following note on social media about his move to Revolut.

I’m very excited to share that I’ve joined Revolut as the Global Head of Institutional Sales, Crypto.

I’m looking forward to the opportunity to help grow Revolut’s institutional crypto business and play a part in building out what I believe can become a leading institutional offering in the market. So, if you’re looking to partner with Revolut Crypto in any way, please feel free to DM me.

I’ve also recently relocated from London to Dubai, and I’m looking forward to reconnecting with old friends and colleagues here, as well as meeting new people across Dubai and the wider region. If you’re based here and would like to catch up, exchange ideas or explore opportunities to work together, please feel free to reach out. 🚀