Global fintech powerhouse Revolut has appointed Yacine Faqir , a former Mastercard executive, as Chief Executive Officer for Morocco , marking a decisive step in its expansion across North Africa. The move underscores Revolut's intent to strengthen its local leadership and deepen its presence in emerging African markets where digital banking is gaining ground fast.
Before joining Revolut, Faqir served as Vice President of Products and Solutions for North and Francophone Africa at Mastercard, where he led product strategy across consumer payments, SME offerings, tokenisation, and new payment flows. Earlier in his career, he helped set up Dun Bradstreet's credit bureau in Morocco, building infrastructure and data-governance frameworks that underpin the country's financial system. He has also advised the World Bank and several fintechs on regulatory and credit-market development across Africa, an experience that positions him well to navigate the complex financial landscape Revolut is entering.
The appointment follows Revolut's earlier hiring of Amine Berrada, a former Uber director, as Head of Operations for Morocco. Together, the two moves signal a deliberate and phased entry strategy: establish operational leadership first, then bring in a regulatory-facing chief executive to lead market entry, licensing discussions, and localisation.
