Revolut, the UK-based challenger bank, has announced plans to bolster its workforce by 40 per cent in 2024. The aim is to reach approximately 11,500 employees worldwide.
Starting the year with 8,000 staff, the digital bank has already surpassed the 10,000 mark and now aims for further growth.
With over 70 job listings across various departments such as sales, customer support, and financial crime teams, Revolut is actively seeking talent to support its expansion efforts. The company’s recent industry announcement signals its commitment to scaling up its operations significantly by the end of the year.
Having achieved its first full year of profitability in March 2023, Revolut has been making strategic appointments to strengthen its leadership. Francesca Carlesi, former CEO of digital mortgage lender Molo, joined as the new UK CEO in November.
Despite awaiting its UK banking license, initially applied for in January 2021, Revolut recently obtained a banking license from Mexico’s National Banking and Securities Commission (CNBV). This milestone allows the company to operate a neobanking subsidiary in Mexico, further extending its global footprint.
Revolut is a UK-based financial technology company that offers digital banking services, including currency exchange, debit cards, fee-free spending abroad, stock trading, cryptocurrency exchange, and peer-to-peer payments.
The company gained popularity for its convenient and low-cost approach to banking, particularly for travelers and individuals who frequently make international transactions. One of its key features is the ability to hold and exchange multiple currencies at interbank exchange rates, with no hidden fees.
