Revolut pledges £3bn UK investment and 1,000 new jobs with London HQ opening, marking a major milestone for the global fintech.
Revolut pledges £3bn UK investment and 1,000 new jobs with London HQ opening, marking a major milestone for the global fintech.
Revolut pledges £3bn UK investment and 1,000 new jobs with London HQ opening, marking a major milestone for the global fintech. With this announcement, the company unveiled its new headquarters in Canary Wharf, reinforcing its commitment to the UK as the heart of its operations. Over the next five years, the investment will span five years and create 1,000 high-skilled jobs across London.
Moreover, the £3 billion pledge forms part of a wider £10 billion global expansion plan. Revolut aims to increase its customer base from 65 million today to 100 million by 2027. According to CEO and co-founder Nik Storonsky, the new London HQ will act as a “launchpad for future growth,” emphasizing the company’s UK roots and ambition to simplify money worldwide.
At the headquarters opening, Revolut outlined four strategic priorities: international expansion, product innovation, growth of Revolut Business, and strategic partnerships. In Latin America, the company plans to launch as a bank in Mexico next year, with entries into Colombia and Argentina also under consideration. Meanwhile, in the Asia-Pacific region, Revolut is preparing to launch in India and has opened a global tech hub in the Philippines.
Revolut is set to launch in Africa and the Middle East, starting in South Africa and expanding to the UAE following the receipt of an in-principle payments license. In Europe, Revolut plans to open a Western Europe headquarters in Paris and open new branches in Portugal and Belgium in 2025.
Revolut also highlighted innovation in artificial intelligence and private banking. Revolut Business reached $1 billion in annualized revenue and now processes over four million monthly merchant payments. The giant fintech announced a strategic partnership with the future Audi Formula 1 Team to reinforce its global brand visibility.
The UK investment underscores Revolut’s push to secure a full banking license in its home country. The company stressed that these funds will strengthen the UK financial sector and support innovation from its new London hub. The government welcomed the pledge, viewing it as a vote of confidence in the UK economy.
Revolut pledges £3bn UK investment and 1,000 new jobs with London HQ, signaling the fintech’s ambitious growth strategy while anchoring its global operations in London.
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