Trading 212’s Head of Product Sergei Riabov has departed after just six months to pursue opportunities in artificial intelligence. Riabov, who previously led Revolut’s Wealth and Trading division, joined the UK broker in December to drive product development and AI integration. Despite a brief tenure, he acknowledged significant progress on platform enhancements and AI transformation during his time with the firm.
The executive cited rapid developments in AI as the primary motivation for his exit. He will continue in an advisory capacity while exploring the evolving AI landscape. His departure comes despite Trading 212’s strong commercial performance, with the firm posting seventy-two percent revenue growth in 2025 to reach nearly £278 million. Pre-tax profit more than doubled to £123 million, driven largely by trading activity revenue and client interest income.
The broker is simultaneously expanding its regulatory footprint in the UK market. Following FCA authorisation granted in February 2026, Trading 212 can now offer self-invested personal pensions, accessing a market exceeding £650 billion in retail assets. The SIPP product includes the ability to offer crypto exchange-traded notes, positioning the firm to compete in the growing DIY pension sector alongside its existing CFD and stock trading operations.
FXnCO Insight
High-profile product leadership departures during periods of rapid growth signal either misalignment on strategic direction or intensifying competition for fintech talent from emerging sectors, both of which warrant attention from boards managing key person risk.
Source: Finance Magnates