Ex-Revolut employees establish wealth AI startup

Two former Revolut employees have co-founded Haido, a UK-based wealth AI startup designed to provide clients with a consolidated view of their personal finances.

Haido will use an AI assistant to connect clients’ investments, pensions, savings, accounts, property and debts into a single consolidated view.

It was co-founded by Veronique Barbosa, a former investment banker who was an early employee at Revolut, a co-founder of fintech Flux, and a senior leader at Monzo; and Tom Reay, who was Revolut’s first engineering hire and co-founded Flux with Barbosa.

The waiting list for Haido opened this month (November), with plans to onboard its first users in early 2027 before seeking authorisation from the Financial Conduct Authority (FCA).

Company backers and advisers include NFG Ventures founding partner, Eileen Burbidge; Outrun Ventures co-founder, Chris Adelsbach; Wise, AJ Bell, and TSB Bank board member, Elizabeth Chambers; and Revolut’s first head of risk and MLRO, Laurence Twelvetrees.

In a blog, Barbosa stated: “My mission is to increase the wealth of every customer who uses our product, by democratising access to financial knowledge in a simple and responsible way.

“Nobody should need hours in a spreadsheet, a finance degree or £200,000 to know what’s going on with their money.”

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