Revolut To Create 1,000 New Full Or Part Time Jobs In London

Fintech heavyweight Revolut has announced plans to invest £3 billion in the UK over the next five years, creating 1,000 new full or part time jobs in London as part of its global expansion drive.

The pledge was revealed alongside the opening of the company’s new headquarters in Canary Wharf’s YY London building.

The move marks a major show of confidence in the UK’s financial sector, with the London HQ set to lead Revolut’s innovation and product development. The investment forms part of a wider £10 billion global plan to create around 10,000 jobs worldwide by 2030.

Revolut currently serves 65 million customers - including around 12 million in the UK and has plans to reach 100 million users by the middle of 2027.

With its new London base and ambitious recruitment drive, Revolut looks set to play a major role in shaping the future of UK fintech. It should also open up hundreds of new career opportunities for young people and graduates who are eager to get into finance and tech.

Announcing the plans, the co-founder and Chief Executive Officer of Revolut, Nik Storonsky, said: “Our mission has always been to simplify money for our customers. And our vision to become the world’s first truly global bank is the ultimate expression of that.”

“From our roots here in the UK, we’ve grown to serve over 65 million customers globally and today’s opening of our new Global HQ in London is the launchpad for our future. To power that journey from our home market we are investing £3 billion in the UK over the next five years.”

“We've got a lot of scale, a lot of product people to develop and a lot of data scientists. Local banks cannot really afford such investment in tech. So for us, we're innovating and we’re improving products all the time.”

“Sooner or later, our products will be so much better compared to other banks in any country, so it's impossible to compete,” boasted the CEO.

Chancellor of the Exchequer, Rachel Reeves, also commented, saying: “Ever since the financial crisis our productivity has lagged behind our competitors and I'm committed to changing that. I am committed to ensuring that Fintech businesses - whether starting, scaling or listing - have the support that they need to succeed here in Britain,” added the Chancellor.

If you are looking for work in the capital, then be sure to take a look over the latest opportunities we are recruiting for in London.