Revolut invests €1 billion in Paris HQ, targets 20M French users by 2030

Headquarters and Timeline

Revolut signed a 10-year lease for office space in Paris's Bourse district, the historic financial heart of the city. The space spans over 2,400 square meters across six floors. The new headquarters is slated to open in early 2027.

The investment is designed to create at least 200 new jobs in France by 2030, though regional hiring targets now exceed 400 new positions. Revolut is aiming to employ more than 1,500 staff specifically for its future French banking operations.

Regulatory Expansion and Market Ambitions

The French banking license represents a critical piece of Revolut's European strategy. A French license would give the company a direct regulatory foothold in the eurozone's second-largest economy, allowing it to offer a broader range of financial services directly under French regulatory oversight.

Post-Brexit, UK-licensed fintechs have found it increasingly complicated to serve EU customers seamlessly. Revolut's Paris move addresses this friction. The company obtained a Lithuanian banking license in late 2018 and finally received its UK banking license in mid-2024, establishing a pattern of regulatory expansion across key markets.

Customer Growth Targets

Revolut already serves over 7 million customers in France. The company is targeting 10 million French users by the end of 2026 and 20 million French users by 2030. Revolut remains one of the largest retail gateways to crypto trading in Europe, a positioning it plans to leverage as it scales its French footprint.

"The investment is designed to create at least 200 new jobs in France by 2030, with the company also pursuing a full French banking license." — Revolut announcement at Choose France investment summit