Revolut has strengthened its UK roots with a major investment and job creation pledge, marking a new chapter in its global growth journey. The fintech giant confirmed a £3 billion UK investment plan over the next five years, alongside 1,000 new roles, as it opened its global headquarters in London’s iconic Canary Wharf district.
This UK investment is part of a wider five-year strategy to invest £10 billion ($13 billion) globally and create 10,000 jobs worldwide. With more than 65 million customers globally—including 12 million in the UK—Revolut is on track to reach 100 million customers by mid-2027 and expand into 30 new markets by 2030.
CEO’s Vision for Global Growth
Nik Storonsky, CEO and Co-founder of Revolut, shared his vision:
“Our mission has always been to simplify money for our customers, and our vision to become the world’s first truly global bank is the ultimate expression of that. From our roots in the UK, we’ve grown to serve over 65 million customers worldwide. This new London HQ is the launchpad for our next milestone of 100 million customers.
“To power that journey, we are investing £3 billion in the UK over the next five years. This will not only create 1,000 jobs but also fuel innovation from our London hub to drive our global ambitions.”
Four Pillars of Expansion
Revolut outlined its growth roadmap built on four key pillars: international expansion, product innovation, business growth, and strategic partnerships.
International Expansion
- Latin America: Revolut will launch as a bank in Mexico early next year, while also preparing entries into Colombia and Argentina. A new banking license application is also planned for 2025.
- Asia-Pacific (APAC): Following its payments license approval in April 2025, Revolut is gearing up for an India launch. A new tech hub has been established in the Philippines to support global operations, alongside license applications in Australia and New Zealand.
- Africa & Middle East: The company is making its first African entry with South Africa and has secured an in-principle payments license in the UAE.
- Europe: A new Western Europe HQ has been announced in Paris, where a French banking license application will soon be filed. New branches in Portugal and Belgium are also planned for 2025.
Product Innovation
Revolut’s CTO and Co-founder Vlad Yatsenko unveiled future product plans, with a strong focus on AI, private banking, and borderless financial solutions. The goal is to create a comprehensive global financial ecosystem that continues to push innovation boundaries.
Business Growth
Revolut Business has reached a significant milestone, surpassing $1 billion in annualized revenue. Its acquiring platform now processes over 4 million monthly payments, strengthening its position as a leader in B2B fintech.
Strategic Partnerships
Revolut highlighted its high-profile global partnership with the future Audi F1 Team. Team Principal Jonathan Wheatley joined Revolut’s Chief Growth & Marketing Officer Antoine Le Nel to preview upcoming initiatives, including exclusive co-branded cards.
—————————————————————————————————
About Innovation Streets:
Welcome to InnovationStreets.com! Get the latest insights from the finance and technology industries. Discover industry updates on fintech innovations, regulatory developments, industry insights, events, and collaborations between banks, insurers, and fintechs. A platform for C-level executives to submit thought leadership content for their peers. Subscribe for updates!
