British fintech firm Revolut will invest €1 billion in France over the next three years. The company plans to open a new office in Paris. Revolut expects to hire at least 200 new employees in France.
Application for French Banking License
Revolut said it will soon apply for a French banking license. The move follows its successful UK banking license grant in 2024, after a three-year review.
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Current Operations and Future Hubs
Revolut already employs about 300 staff in France. Lithuania will remain a key base for its wider European development, the company added.
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Macron’s “Choose France” Summit
The announcement was made at President Emmanuel Macron’s “Choose France” investment summit at the Palace of Versailles. Macron said the summit would secure over €20 billion in new investments for France.
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