US EditionRevolut Plans $1.1 Billion French Expansion, Will Apply for Banking Licence
- Revolut plans to invest 1 billion euros over the next three years for expansion in France and will soon apply for a French banking licence.
- The company will open a new office in Paris and create at least 200 new jobs in France.
- Revolut has over 55 million customers and no physical branches, making it the largest of many European financial services apps launched in the past decade.
- Lithuania will remain a key base for Revolut's growth in Europe, despite the expansion plans in France.
47 Articles
47 Articles
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…
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