Revolut is announced that its setting up its Western European headquarters in Paris, plans to invest more than €𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in France, and applying for a French banking licence.
„This marks a major step forwards in our mission to build the most innovative and customer-centric bank in the region. This new HQ will oversee our operations not only in France, but also in Spain, Italy, Portugal, Ireland, and Germany, strengthening our footprint in Western and Southern Europe.” – said Antoine Le Nel, Global Chief Growth & Chief Marketing Officer @ Revolut.
Why France? Antoine Le Nel explained:
🇫🇷 It’s our fastest-growing EU market, with over 5 million customers
📈 +1.6 million new users in 2024 alone
🏦 A thriving financial ecosystem and strong regulatory environment
„Our dual-hub model, with Lithuania continuing as our key base for Eastern Europe, allows us to scale faster, deepen regulatory cooperation, and bring better, more locally aligned financial services to millions of customers across the European Economic Area. Our intention is clear: to become Europe’s leading banking group, combining innovation, resilience, and reach.” – added Le Nel.
Related articles on Bloomberg
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below: