Revolut has pledged to invest £3bn in the UK as it opens the doors of its new global headquarters in Canary Wharf.
The fintech unicorn, currently the UK’s most valuable private tech company, also pledged to create an additional 1,000 new jobs.
According to the firm, the UK investment is the cornerstone of its five-year plan to invest £10bn and create 10,000 jobs globally.
Currently serving more than 65 million customers (12 million of which are UK-based), Revolut has laid out its ambition to grow its users to 100 million by the middle of 2027 and expand to 30 new markets by 2030.
“Our mission has always been to simplify money for our customers, and our vision to become the world’s first truly global bank is the ultimate expression of that,” said co-founder and chief executive Nik Storonsky.
“This HQ will be central to driving our growth towards our next milestone of 100 million customers.
“To power that journey from our home market, we are investing £3 in the UK over the next five years. This commitment will not only create 1,000 new jobs but will also fuel the innovation from our London hub that will help us deliver on our global ambitions.”
Its recent targets for expansion have included Latin America, in paricular Mexico, Colombia and Argentina, APAC, Africa and the Middle East.