Revolut is expanding its presence in Western Europe with the development of a new regional headquarters in Paris.
The move is part of the company’s broader strategy to strengthen its operations across the region.
Béatrice Cossa-Dumurgier has been appointed as Chief Executive Officer of Revolut Western Europe and will lead the new Paris-based hub.
The company plans to hire more than 400 employees by the end of 2029 to support the expansion, with at least 200 roles based in France.
The remainder will be spread across key markets including Spain, Portugal, Italy, Germany and Ireland.
Positions will cover a range of functions such as compliance, risk management, cybersecurity, financial crime prevention, legal, finance, sales and product operations.
Alongside new recruitment, approximately 600 existing Revolut employees are expected to transfer to the French entity over time.
These roles will focus on customer support, credit, and product development, including work on upcoming features such as mortgages and business loans.
The expansion will begin with around 80 new hires in the first year, scaling to more than 400 direct roles by 2029.
When combined with existing group support, over 1,500 employees will be working under Revolut’s French banking entity by the end of the decade.
Further senior appointments are expected later this summer. The recruitment efforts coincide with Revolut’s ongoing application for a banking licence in France.
Béatrice Cossa-Dumurgier commented:
“We are already hard at work building our new Western Europe headquarters in Paris and that comes with a major hiring push across the region. From France to Spain, Italy, Germany, Portugal and Ireland, we plan to hire over 400 people by 2029 to strengthen our local operations. Western Europe is home to a massive pool of talent, and we intend to make the most of it, attracting top professionals eager to shape the future of banking and build the next generation of financial services.”
In 2024, Revolut received over 1.6 million job applications, reflecting its reputation as a competitive employer in the technology and finance sectors.
The company, which currently employs more than 13,000 people globally, recorded over 1,100 promotions and saw more than 6,000 employees progress into new roles this year.
Revolut continues to support hybrid and remote working, with founder and CEO Nik Storonsky recently reiterating his support for a fully flexible working model.
The Paris headquarters will operate alongside Revolut’s existing European base in Lithuania, which remains under the supervision of the European Central Bank.
The dual structure is intended to enhance Revolut’s ability to deliver financial services across Europe, in line with local regulatory frameworks.