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Revolut Opens London Global HQ, Pledges £3 Billion UK Investment and 1,000 Jobs

The move underscores Revolut’s push toward full banking status in key markets.

Overview

  • The company confirmed a five-year £3 billion programme tied to its new Canary Wharf headquarters, expected to create 1,000 high‑skilled roles.
  • Ministers framed the announcement as part of more than £110 billion of fresh financial‑services commitments this week under the government’s Leeds Reforms.
  • Executives outlined roughly $13 billion of global expansion spending over five years and a goal to reach 100 million customers after surpassing 65 million users.
  • Revolut continues to operate under a restricted UK banking licence with reported deposit limits and has said it hopes to secure full authorisation by year‑end to launch credit cards and unsecured lending.
  • U.S. plans include weighing the acquisition of a bank versus applying for a licence, while a secondary share sale is valuing the firm at about $75 billion.