Trading 212 Head of Product Sergei Riabov Leaves to Focus on AI
Trading 212 Head of Product Sergei Riabov has left his role,
six months after joining from Revolut. He confirmed his departure in a LinkedIn
update and outlined plans to focus on artificial intelligence.
Short Tenure at Trading 212
Riabov joined the brokerage last December. He worked on
product development, platform improvements, and AI-related initiatives. He said
the company moved quickly and relied heavily on data to guide decisions.
“Six months ago, I wrote about why I was joining. Looking
back, I genuinely love what we built in such a short window – from multiple new
products and improvements we shipped to huge progress on AI transformation,” he
said.
The environment is rare: the pace the company moves at, the
depth of data, and teams genuinely open to learning and taking on hard
challenges. Focus Shifts to AI.”
Riabov said rapid changes in artificial intelligence
influenced his decision to leave. He plans to study how the AI sector develops
and identify areas worth pursuing. He will continue working as an advisor while
exploring opportunities in AI.
Before Trading 212, Riabov held senior roles at Revolut. He
led the Wealth and Trading division, overseeing product, strategy, and
operations. During his time there, the business increased activated users and
improved retention.
He also led product strategy for trading services, including
the launch of CFDs, ETFs, bonds, and robo-advisory tools. Earlier in his
career, Riabov worked at Tinkoff.
Trading 212 Posts Record Growth
Meanwhile, Trading 212 continues to expand rapidly in the UK, reporting a 72% jump in 2025 revenue to £277.6 million. Pre-tax profit rose
to £123.1 million from £52.9 million and net profit reached £92.2 million.
The broker generated nearly £257 million from trading
activities and £20.6 million from client interest income, with an additional
£1.68 million coming from debit cards, though it did not break down revenue
between its CFD and stock trading businesses.
Trading 212 has also expanded its product offering in the UK
after securing FCA authorization to launch self-invested personal pensions
(SIPPs), marking a move it had first signaled as early as 2020. The approval,
granted in February 2026, allows the broker to tap into a growing DIY pension
market, where more than 6.5 million users manage around £650 billion in assets,
and includes the ability to offer crypto exchange-traded notes within its
pension product.
This article was written by Jared Kirui at www.financemagnates.com.
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