Overview
- The plan directs £3 billion to the UK with 1,000 jobs, a commitment welcomed by Finance Minister Rachel Reeves.
- Revolut reported net profit of about £790 million last year, underscoring its capacity to fund growth.
- The company serves roughly 65 million customers and is targeting 100 million by 2027.
- Portions of the spending were previously disclosed, including €1 billion in France and $500 million in the United States.
- Revolut holds an EU banking licence and a restricted UK authorisation and is also preparing launches in India and South Africa.