FinTech

Revolut expects to boost its global headcount by 40% in 2024, reaching 11,500 employees.

The London FinTech, which has more than eight million UK customers and 40m globally, has reached 10,000 employees across the world after starting the year with 8,000.

While many other financial institutions are making job cuts or hiring freezes, Revolut has more than 70 roles currently advertised in the UK. It says it will continue to build out its sales, customer support and financial crime teams, for which the majority of new roles will be created. 

“Revolut continues to grow from strength to strength; and to support that growth it is essential that we recruit the best talent from across the industry,” said Francesca Carlesi, CEO of Revolut UK.

“10,000 employees is an exciting milestone but we’re not stopping there. We are delighted to be expanding across our global markets, including the UK, with hundreds of new roles across a range of specialities, all at a time when others are cutting back.

Key arrival to lead 10x Banking’s APAC expansion

“As our home market, the UK is at the centre of Revolut’s growth, and is an integral part of not only the company’s expansion locally but also internationally. We look forward to welcoming the next batch of Revoluters over the next few months to help build Revolut across the globe.” 

Founded in 2015, Revolut is now a remote-first business, with over a third of its workforce based outside of London already.

It received more than a million job applications globally in 2023.

PPRO expands into US after securing £73m funding