Revolut, the UK's leading fintech company, has announced Paris as its new European headquarters with plans to invest â¬1 billion over three years. This strategic move will establish Paris as its western European operational base, creating over 200 jobs in addition to the existing 300 in the city. The French government views this as a significant boost for Paris's role in the financial sector amid growing concerns about London's post-Brexit competitiveness. Revolut maintains that its UK operations will remain unaffected despite this shift, highlighting its commitment to the UK market.
Founded in 2015, Revolut has grown into a $45 billion fintech powerhouse, now offering services like cross-border payments, currency exchange, and crypto trading.
Revolut's move to Paris and its â¬1 billion investment aims to create over 200 new jobs, marking one of the largest foreign investments in France's financial sector in a decade.
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