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.