Revolut Plans $1.1 Billion French Expansion, Will Apply for Banking Licence

Revolut plans $1.1 billion French expansion

British finance company Revolut said on Monday it plans to invest 1 billion euros ($1.1 billion) over the next three years on expanding in France and will soon apply for a French banking licence.

The British Financial Company Revolution announced months that it intends to invest in the next three years, for France's enlargement, amounting to a billion euros. The Revolution Article, investment of a billion euros. The company will request a bank licence in Hexagon for the first time in Romania TV.

British fintech startup Revolut to invest €1B in France, eyes French banking license amid major EU push - Tech Startups

Less than a month after reporting a record $1.4 billion profit for 2024, British fintech unicorn Revolut is doubling down on European expansion. The company announced on Monday plans to invest €1 billion ($1.1 billion) in France over the next […] The post British fintech startup Revolut to invest €1B in France, eyes French banking license amid major EU push first appeared on Tech Startups.

Revolut is expanding in France and is also applying for a banking license in the country.

Revolution will create a new headquarters for Western Europe in Paris, which will join the one in Lithuania, and apply for a French banking license. Fintech has announced this new course, which aims to mark the largest foreign investment in the French financial sector in more than a decade, in the framework of the 'Choose France' summit, which is held on Monday. Specifically, the company intends to invest more than 1 billion euros in France over…

Revolut plans €1 billion French expansion

Online bank Revolut said today it plans to invest €1 billion over the next three years on expanding in France and will soon apply for a French banking licence.