Revolut Plans €1 Billion Investment in France, Seeks Banking License

Revolut announced a €1 billion ($1.1 billion) investment plan in France over three years, including establishing its Western European headquarters in Paris and applying for a French banking license. The fintech company, which currently serves 5 million French users, aims to double this number by 2026 while hiring 200 additional employees. The move comes as France represents Revolut's largest EU user base, with the company already offering loans, cryptocurrency services, and trading products in the market.

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