According to Bloomberg, fintech company Revolut announced it will invest over 1 billion euros in France and apply for a local banking license, while establishing its Western Europe headquarters in Paris, planning to create at least 200 new jobs in the next three years. Revolut has already provided loans, Crypto Assets, and trading services in France. Globally, Revolut is advancing 10 banking license applications, including a prepaid payment instrument license in India and upcoming banking services in Mexico.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Revolut plans to invest 1 billion euros in France and apply for a banking license.
According to Bloomberg, fintech company Revolut announced it will invest over 1 billion euros in France and apply for a local banking license, while establishing its Western Europe headquarters in Paris, planning to create at least 200 new jobs in the next three years. Revolut has already provided loans, Crypto Assets, and trading services in France. Globally, Revolut is advancing 10 banking license applications, including a prepaid payment instrument license in India and upcoming banking services in Mexico.