"Nik Storonsky, chief executive and co-founder of Revolut, said the London hub would be central to the company's ambitious growth plans. Revolut now serves 65 million customers worldwide, with Storonsky targeting 100 million in the near future. The UK investment forms part of a wider £10 billion global programme to create 10,000 jobs over five years. Founded in 2015, Revolut already employs more than 10,000 people globally, with 1,300 in London."
"Reeves noted that the commitment comes during a wave of investment announcements from global financial giants, with over £110 billion pledged to Britain in the past week by Blackstone, BlackRock, and PayPal. "The UK is well and truly open for business under this government," Reeves said. "Through our Leeds Reforms we're making Britain the best place for financial services companies to do business, pushing us ahead in the global race for investment and putting more money in people's pockets.""
Revolut will invest £3 billion in the UK over five years and create 1,000 new jobs, reinforcing the UK's status as a global financial-services hub. The company opened a global headquarters in Canary Wharf. Revolut serves 65 million customers worldwide and targets 100 million. The UK investment is part of a £10 billion global programme to create 10,000 jobs. Founded in 2015, Revolut employs over 10,000 people globally, with 1,300 in London and 12 million UK customers. Revolut is expanding services and seeks full UK banking authorisation while pursuing licences in Mexico and plans for India. The government linked the commitment to wider investment inflows and Leeds Reforms.
Read at Business Matters
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