Article written by Dexter Cousins
26/02/2020

Matt Baxby Revolut CEO appointment

Matt Baxby Appointed Revolut CEO for Australia: How Executive Search Delivered the Perfect Fintech Leader


Leading executive search firm Tier One People partnered exclusively with global fintech giant Revolut to appoint Matt Baxby as Australia Country CEO.

Executive Search Excellence for Australia's Growing Fintech Sector

Global fintech leader Revolut has appointed Matt Baxby as Revolut's new Australia Country CEO, following an exclusive executive search conducted by Tier One People, a top executive search firm specializing in fintech companies Australia.

Why Matt Baxby Was the Right Choice for Revolut

Matt Baxby brings an exceptional combination of traditional banking expertise and entrepreneurial mindset to Revolut Australia. His experience includes working directly under Sir Richard Branson at Virgin, where he developed a deep understanding of disruptive financial services—crucial experience for leading one of the world's fastest-growing fintech companies in Australia.

Our relationship with Matt Baxby goes back to 2010, when he spearheaded the relaunch of Virgin Money Australia. We had the privilege of helping him build that founding team through our executive search process, which gave us unique insight into his leadership capabilities and cultural fit for Revolut's ambitious Australian fintech expansion.

Revolut's Explosive Growth: A Case Study in Fintech Success

The timing of Matt Baxby's Revolut appointment is particularly significant. The announcement coincided with Revolut's latest funding round—a massive US$500 million investment at a US$5.5 billion valuation, cementing its position among elite fintech companies Australia is watching closely.

When our executive search firm first started discussions with Revolut in May 2019, the company had 4 million customer accounts and 700 employees worldwide. Today, those numbers have exploded to 10 million accounts and 2,000 employees. The business nearly tripled in size during the executive search and onboarding process alone—a testament to Revolut's momentum in the global fintech market.

How Top Executive Search Firms Navigate Complex Fintech Recruitment

This executive search process stood out for all the right reasons. The Revolut team proved to be an absolute dream to partner with from start to finish.

Throughout the entire process, our Tier One People team—recognised as a top executive search firm for Australian fintech and technology companies—worked as a remote extension of Revolut's Singapore-based recruitment team. The level of transparency, collaboration, and open communication transformed what could have easily become a complex, multi-country executive search into a remarkably smooth operation.

The Future of Fintech Companies in Australia

We're excited to see Matt Baxby lead Revolut's charge into the Australian market. The combination of his proven track record in challenger banking and Revolut's global fintech expertise creates a powerful foundation for success in the competitive Australian fintech landscape.

As fintech companies Australia-wide continue to disrupt traditional banking, Revolut is positioned to become a major player under Matt Baxby's leadership. His experience launching and scaling innovative financial services brands makes him ideally suited for this role.

Partner with a Top Executive Search Firm for Your Fintech Leadership Needs

The entire Tier One People team wishes Matt Baxby and the Revolut team every success as they bring their innovative financial products to Australian consumers. As a top executive search firm specializing in fintech companies Australia, we look forward to continuing this partnership as the business grows.

Looking for executive search expertise for your fintech company? Tier One People specialises in placing C-suite leaders across Australian fintech and technology sectors.

Founder of Tier One People and host of the Fintech Chatter Podcast.

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