Trading 212 Head of Product Sergei Riabov Leaves to Focus on AI

Trading 212 Head of Product Sergei Riabov has departed his role, just six months after joining the brokerage from Revolut. He confirmed his exit via a LinkedIn update and stated his intention to shift his focus to artificial intelligence.

Riabov joined Trading 212 last December. During his brief tenure, he worked on product development, platform enhancements, and AI-driven initiatives. He noted the company operated at a fast pace and relied heavily on data-driven decision-making.

In a post, Riabov reflected on his six-month stint, saying, "Looking back, I genuinely love what we built in such a short window." He cited the launch of multiple new products and significant progress on AI transformation. He described the environment as rare due to its speed, depth of data, and teams open to tackling hard challenges.

Riabov attributed his departure to the rapid evolution in artificial intelligence. He plans to study the sector's development and identify promising areas for pursuit. He will continue serving as an advisor while exploring new AI opportunities.

Prior to Trading 212, Riabov held senior positions at Revolut, leading its Wealth and Trading division where he oversaw product, strategy, and operations. His work there contributed to increased user activation and improved retention. He also spearheaded product strategy for trading services, including the launch of CFDs, ETFs, bonds, and robo-advisory tools. Earlier in his career, he worked at Tinkoff.

Separately, Trading 212 continues its rapid expansion in the UK. The broker reported a 72% surge in 2025 revenue to £277.6 million. Pre-tax profit rose to £123.1 million from £52.9 million, while net profit reached £92.2 million.

Revenue was primarily driven by trading activities, which generated nearly £257 million, supplemented by £20.6 million from client interest income and £1.68 million from debit cards. The firm did not provide a detailed breakdown between its CFD and stock trading revenues.

Furthermore, Trading 212 has broadened its UK product suite following Financial Conduct Authority authorization to launch self-invested personal pensions (SIPPs). The approval, granted in February 2026, enables the broker to enter a growing DIY pension market with over 6.5 million users managing approximately £650 billion in assets. The pension product also includes the ability to offer crypto exchange-traded notes.