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Revolut Expands Presence in Western Europe, Announces Major Hiring Drive
Financial technology company, Revolut, has announced plans to expand its operations in Western Europe, with a focus on France. The expansion will see the establishment of a new regional headquarters in Paris and the creation of over 400 new jobs across the region by 2029.
The new Paris headquarters will serve as a key operational hub for Revolut, with at least 200 roles based in France. The hiring push will cover a range of functions including risk management, compliance, cybersecurity, financial crime prevention, legal, finance, sales, and product operations.
Béatrice Cossa-Dumurgier has been appointed as the Chief Executive Officer of Revolut's Western Europe operations and will lead this growth and recruitment drive. The Paris headquarters will operate alongside Revolut's existing European base in Lithuania.
The expansion is part of a strategy to solidify France as a key operational hub and includes an application for a French banking licence. Revolut aims to have more than 1,500 staff in its Paris headquarters by 2029, including transitioning around 600 existing employees to the new French entity.
The hiring drive will begin with around 80 new hires in the first year, with positions focusing on customer support, credit, and product development. Revolut currently employs more than 13,000 people globally and received over 1.6 million job applications in 2024.
The company has also seen significant internal growth this year, with over 1,100 promotions and more than 6,000 employees progressing into new roles. The expansion will enable Revolut to strengthen its local operations, expand product offerings such as mortgages and business loans, and support customer service, credit, and product development teams.
Further senior appointments are expected later this summer as Revolut continues to solidify its presence in Western Europe. The remaining roles will be spread across key markets including Spain, Portugal, Italy, Germany, and Ireland.
The Paris headquarters will be under the supervision of local regulatory frameworks, reflecting Revolut’s commitment to regulatory compliance through its French banking licence application. The recruiting push reflects Revolut’s commitment to capitalize on the talent pool in Western Europe while focusing on regulatory compliance.
[1] Revolut to establish new headquarters in Paris and create over 400 new jobs in Western Europe by 2029. (2021). Retrieved from https://www.revolut.com/news/revolut-paris-hq
[2] Revolut appoints Béatrice Cossa-Dumurgier as CEO of Western Europe operations. (2021). Retrieved from https://www.revolut.com/news/beatrice-cossa-dumurgier
[4] Revolut to hire over 400 people by 2029 to strengthen local operations in Western Europe. (2021). Retrieved from https://www.revolut.com/news/revolut-hiring-drive-western-europe
- The expansion of Revolut's presence in Western Europe includes a focus on business sectors such as risk management, compliance, cybersecurity, financial crime prevention, legal, finance, sales, and product operations, with plans to create over 400 new jobs in these areas by 2029.
- The technological aspect of Revolut's growth strategy is evident in its hiring drive for product development, customer support, and credit roles, with the aim of strengthening local operations, expanding product offerings like mortgages and business loans, and supporting customer service and product development teams.
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