Revolut to Invest €1 Billion in France and Plans to Obtain French Banking License - Bitcoinsensus

With a vision of back-to-back management, Revolut's online bank boss has been able to use cryptocurrency to boost its operations while gaining significant market share with more than 55 million customers – including more than 5 million in France.

Revolut to Invest €1 Billion in France and Plans to Obtain French Banking License - Bitcoinsensus

Revolut to invest €1 billion in France and plans to obtain a French banking license, announced at “Choose France.” This is likely to be a full-scale expansion, with the opening of a Paris office and the creation of over 200 new jobs. More on France’s Push to Attract Investment, Not Just from Revolut The recent “Choose France” summit brought together several top-tier companies expressing intent to invest in France, and the event set a new record …

The study analyzes the behavior of more than 55 million users in 24 countries and reveals that, in 2024, customers of the European bank spent more than 23.8 billion euros on international travel. Of this total, Spain accounted for 11% of total spending.

George Grumbar, General Manager of Revolut France, takes stock of his fulgurant growth, his hexagonal location strategy and his ambitions in real estate credit, Book A and artificial intelligence.His goal is to become the main bank (more...)This article George Grumbar of Revolut France: "We want to become the main bank of our customers" appeared first on La Revue du Digital.