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Fintech
Revolut to Invest $13B in Global Expansion Targeting 100M Users
Heartspace News Desk
•Source: Bloomberg
Revolut Ltd. plans to invest $13 billion in expanding its services to 30 new geographies by the end of the decade, according to Bloomberg. This strategic initiative aims to bolster the fintech company's user base to 100 million.
As part of its global expansion, Revolut will allocate $4 billion to its home market in the UK. This investment is projected to create 1,000 jobs and coincides with the opening of the company's new global headquarters in London’s Canary Wharf.
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Revolutfintechglobal expansioninvestment$13 billion