Revolut, a British multinational Neobank and Fintech Company, announced its intention to invest 1 billion euros ($ 1.1 billion) in France in the next three years as part of a radical European growth strategy.
This decision, revealed at the investment summit “Choosing France” organized by President Emmanuel Macron, underlines the growing importance of France for the Neobank.
Revolut will establish a new office in Paris to serve as a center for Western Europe operations and should create at least 200 new jobs in the country. France, with 5 million users, has become the largest revolut and fastest market in the EU.
Register For TEKEDIA Mini-MBA Edition 17 (June 9 – September 6, 2025)) Today for early reductions. An annual for access to Blurara.com.
Tekedia Ai in Masterclass Business open registration.
Join Tekedia Capital Syndicate and co-INivest in large world startups.
Register become a better CEO or director with CEO program and director of Tekedia.
“France offers important opportunities for expansion and innovation”, “ said Pierre Décété, the leader of the revolut group, responsible for risks and compliance. He added that Revolut will soon ask for a French banking license, a decision that could strengthen its ambition to operate with more autonomy across Europe.
The company, which already employs around 300 people in France, plans to maintain Lithuania as a strategic basis for EU operations.
Launched in 2015 to transform the way people spend and transfer money abroad, Revolut democratizes access to cross -border financial services, in particular for younger and technology -informed populations. Last year, in the United Kingdom, it was the first financial institution to launch ESIM to help prevent the roaming of high data and add Revoint, the first loyalty program for the pan-European debit card by rewarding customers on their daily expenses. Revolut has also introduced mobile portfolios to allow faster international transfers and reinforced its safety measures with protection against wealth, an additional biometric safety layer protecting customer savings.
Globally, Neobank continues to draw an aggressive growth path. It added more than 10 million customers in 2024 only, bringing its total user base to more than 55 million. Group revenues increased by $ 4.0 billion (3.1 billion pounds sterling) by $ 2.2 billion (1.80 billion pounds) in 2023, driven by strong growth in all sources of income sources.
Total customer sales increased by 66% to $ 38 billion (30 billion pounds sterling), compared to 23 billion dollars (18 billion pounds sterling) in 2023, mainly motivated by strong growth in customer deposits and increased sales in our savings products (including those that have been kept outside with partners and funds in the monetary market). Revolut has maintained a cautious approach to balance sheet management, holding 62% of cash and cash equivalents. Simultaneously, the customer loan portfolio increased 86% in annual sliding to $ 1.2 billion (979 million pounds sterling).
In particular, growth dynamics were strong through Europe. Revolut is now the most downloaded application in the finance category, ranking first in 19 countries and obtaining a place in the first three in 26 countries on the continent.
The bank actively obtains more than 10 global licenses, the scale of recent market entries such as Brazil and the preparation of its service launch in India (after the recent approval of the PPI license), also looking for other opportunities through the Americas and Asia-Pacific. Last month, the company obtained a second banking license in Mexico and awaited full authorization in the United Kingdom, its largest market with more than 10 million customers.
Expansion in France is part of a wider double HQ strategy in the euro zone. The World Director of Revolut Growth and Marketing, Antoine Le Nel, previously suggested this change in an article in LinkedIn in April celebrating 5 million customers in France. The company aims to double its European customers from 40 million to 80 million.
The co-founders Nik Storonsky and Vlad Yatsenko also unveiled the vision turned to the future of Revolut, including plans to launch innovative financial products and an AI digital assistant in 2025. This AI tool is designed to guide users to smarter financial habits, providing personalized advice and simplifying money management.
From its 2025 perspectives, Revolut is ready for significant growth continuous this year and beyond, driven by new platform improvements and global expansion. The Neobank actively pursues a strategic route to the realization of 100 million daily active users in 100 countries, solidifying its world leadership.
