Neobank Giant Revolut, Fresh Off, which reports strong results for 2024, has announced that the company has chosen Paris as its headquarters in Western Europe. The company said this would allow it to better serve its growing markets in France, Ireland, Germany, Spain, Portugal and Italy.
The company’s double-hub model will continue to see Lithuania as a basic basis for Revolut for Eastern Europe.
Revolut said she supports this new commitment with:
- An investment of over 1 billion euros in France over the next three years – the largest investment in the French financial sector in a decade.
- The creation of over 200 jobs
- A French banking license application
The lead leader of Development and Marketing, Antoine Le Nel, explained the company’s plans with more details in a social media position.
π₯π²ππΌπΉππ πΆπ π±πΌππ» π±πΌππ» πππΏπΌπ½π² πππΏπΌπ½π²
Today Revolut announces that we are creating our Western European headquarters in Paris and apply for a French banking license. This marks an important step forward in our mission to build the most innovative and customer -centric bank in the area.
This new central center will oversee our activities not only in France, but also in Spain, Italy, Portugal, Ireland and Germany, enhancing our footprint in western and southern Europe.
Why France?
π«π· is EU’s fastest growing market, with over 5 million customers
π +1.6 million new users only 2024
π¦ A flourishing economic ecosystem and a strong regulatory environmentOur dual hub model, with Lithuania continuing as our basic basis for Eastern Europe, allows us to escalate faster, deepen regulatory cooperation and bring better, more aligned financial services to millions of customers throughout the European economy.
Our intention is clear: to become Europe’s leading banking group, to combine innovation, durability and approach.
From Paris, with ambition. πͺπΊ