The Role of Legal in Fintech: Insights from Revolut

SummaryIn this episode, Matt interviews Philippa Poole and Daniel Geller from Revolut, Europe's largest fintech company. They discuss their backgrounds and how they ended up working in the legal department at Revolut. They also talk about the differences between working in a law firm versus a fintech company, the challenges of scaling a legal team in a rapidly growing company, and the importance of automation and AI in their work. They emphasise the need for curiosity, embracing technology, and taking risks in one's career.TakeawaysThere are many job roles in fintech beyond coding and development, including legal roles.Working in-house at a fintech company allows for a closer relationship with the business and a more strategic approach to legal advice.As a fintech company grows, the legal team must focus on scalability and automation to keep up with the demands of the business.Embracing technology, such as AI, can save time and improve efficiency in legal processes.Being curious, staying up to date with new developments, and taking risks are important for career growth in the fintech industry.Chapters00:00 Introduction to Revolut and the Legal Department07:45 Comparison of Working in a Law Firm vs. Fintech12:37 Scaling Challenges and the Importance of Automation16:41 The Role of the Legal Department in Keeping Revolut Running21:56 The Culture at Revolut and Working in a Fast-Growing Company25:56 Hiring and Skills in the Legal Department30:50 The Impact of Automation and AI in the Legal Department36:13 Advice for Young Professionals and Embracing TechnologyPhilippa Poole - Head of Legal, Commercial Daniel Geller - Deputy General Counsel Matt Cheung - Founder Work in Fintech, CEO ipushpull Check out our website and subscribe to our mailing list to hear more about opportunities in fintech and web3.Follow our socials Linkedin, Twitter, Youtubehttps://workinfintech.com/https://www.linkedin.com/company/work-in-fintech-globalhttps://www.twitter.com/workinfintechhttps://www.youtube.com/channel/UCdS4bYoCXaHVgfVm6syUrDw