Revolut has unveiled its new global headquarters in London’s bustling Canary Wharf. This move signifies a strong commitment to its origins in the United Kingdom and underscores its overarching goal of becoming the premier provider of financial services worldwide.
The company has firmly established itself as a significant player in the global financial arena, announcing today that it has successfully expanded its customer base to over 65 million individuals worldwide. A substantial portion of these customers, approximately 12 million, are located in the UK. Revolut has also outlined a clear roadmap for achieving its next ambitious target: reaching 100 million customers by mid-2027. And the company plans to expand its reach by entering more than 30 new markets by 2030.
To fuel this impressive growth, Revolut is allocating a substantial investment of $13 billion, equivalent to £10 billion, over the next five years. This investment is projected to create 10,000 new jobs globally. A significant portion of this funding is earmarked for both established markets and regions with high growth potential. For instance, the UK will receive a commitment of $4 billion (£3 billion), while its Western Europe hub in France will see an investment of $1.2 billion (£880 million).
The company is also dedicating $500 million (£375 million) to accelerate its operations in the United States. These investments are also intended to foster further growth in other European markets and support new launches in diverse regions such as Latin America, the Asia-Pacific (APAC) region, and the Middle East.
Throughout the day’s key presentations, Revolut consistently articulated that its vision for global expansion is founded upon four essential pillars: expanding internationally, continually innovating its products, fostering the ongoing growth of Revolut Business, and forming strategic partnerships that disrupt existing market categories.
Regarding international expansion, the company today revealed considerable advancements in several key regions. In Latin America, Revolut anticipates launching as a bank in Mexico early next year and continues to make progress on its plans to enter Colombia and Argentina, with an additional bank license application projected for 2025. In the APAC region, after securing a payments license in April 2025, Revolut is preparing to launch its services in India.
The company has also established a new global technology hub in the Philippines, a strategic move designed to support its international operations across various time zones. It is currently in the process of acquiring additional licenses in Australia and New Zealand. Making its initial foray into Africa, Revolut is beginning its expansion in South Africa. The company was also recently granted an in-principle payments license in the UAE, marking its first steps into the Middle East. In May, Revolut announced the establishment of a new Western European headquarters in Paris, alongside its intention to apply for a banking license in France. The company has also indicated plans for branch launches in Portugal and Belgium in 2025.
In terms of product innovation, Revolut’s Chief Technology Officer and Co-Founder, Vlad Yatsenko, alongside Tara Massoudi, the General Manager of Premium Products, shared valuable insights into the company’s product vision and its development processes. They highlighted broader initiatives aimed at advanced areas, including artificial intelligence and private banking. This focused approach on innovation, combined with continuous efforts to build a comprehensive global financial ecosystem, enables Revolut to maintain its leading position in the market. Currently, 65 million customers actively utilize Revolut’s inventive products to process over a billion transactions each month.
Revolut Business continues to experience rapid growth, actively reshaping the business finance landscape. James Gibson, the General Manager of Revolut Business, announced that the platform recently achieved an impressive $1 billion in annualized revenue. When combined with the significant growth of the platform’s acquiring arm, which now processes over 4 million monthly payments for merchants, Revolut Business has firmly established its status as a global leader in the business-to-business fintech sector.
Finally, in the realm of strategic partnerships, details were unveiled regarding Revolut’s recently announced global collaboration with the future Audi F1 Team. The Team Principal, Jonathan Wheatley, joined Revolut’s Chief Growth and Marketing Officer, Antoine Le Nel, on stage, offering exciting glimpses into the future of this partnership, including plans for special edition co-branded cards.
KEY QUOTE:
“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 here in the UK, we’ve grown to serve over 65 million customers globally and today’s opening of our new Global HQ in London is the launchpad for our future. This HQ will be central to driving our growth towards our next milestone of 100 million customers.”
Nik Storonsky, CEO & Co-founder of Revolut
