Revolut plans to open its western European headquarters in Paris as it looks to expand further across the continent.
The UK fintech, last valued at $75bn, said it has signed a ten-year lease for office space in the Bourse business district.
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The site is near the Sentier metro station, in a neighbourhood known for technology and entrepreneurial activity.
Revolut said it will move into 116 Rue Reaumur by early 2027 and expects to eventually occupy six floors in the building.
Béatrice Cossa-Dumurgier, CEO western Europe at Revolut, commented: “This location reflects exactly what Revolut stands for in the region: at the crossroads of Paris’ historic financial centre and the Sentier district, long known as the heart of the city’s tech ecosystem.
“Combining a central location, strong international connectivity, and vibrant, premium surroundings: it was a natural choice for our Western Europe headquarters.”
The Paris headquarters will serve as a central hub for western Europe operations.
Revolut said this will support growth across France, Spain, Italy, Germany, Ireland and Portugal.
The company framed the move as part of a broader push in France and Western Europe. This includes its application for a French banking licence.
Revolut has also confirmed more than 400 hires in the region and said it plans for more than 1,500 staff to work directly for the new bank soon. These plans sit within a wider €1bn ($1.16bn) investment in the region.
France is one of Revolut’s largest growth markets, with seven million customers, the company said.
Antoine Le Nel, chief growth and marketing officer at Revolut, added: “With over 25 million customers, western Europe is now Revolut’s largest and fastest-growing region – and still offers significant untapped potential.
“France is at the heart of that momentum, which is why we chose Paris for our regional headquarters. This new office reflects our ambition to accelerate growth across the region and deepen relationships with our customers. Building a strong local presence is key to becoming our customers’ primary banking partner.”
Recently, Italy’s competition authority issued penalties totalling more than €11m ($12.6m) against several companies in the Revolut group, citing unfair commercial practices under the Consumer Code.
Revolut Securities Europe UAB and Revolut Group Holdings received a €5m fine for violating Articles 20, 21 and 22.
The watchdog said customers were not told clearly, at the earliest stage of contact, about extra charges and restrictions linked to “commission-free” investing.
Last month, Reuters reported that Revolut plans to base roughly 40% of its global workforce in India by the end of 2026, as the UK digital bank grows its global capability centre (GCC) in the country.
It will add 1,600 roles in India through 2026, taking its headcount there to 5,500 by the end of that year.
