Revolut – which offers digital banking services, currency trading, stock trading and cryptocurrency trading – will, among other things, invest four billion dollars in the United Kingdom, which is expected to create 1,000 new jobs at home.
The announcement of the investments comes at the same time as Revolut opens a new global headquarters in Canary Wharf, London.
Revolut currently has around 65 million users globally.
The investments now being discussed include $500 million in the USA and $1.2 billion in France – investments that have already been announced.
Where the rest of the money will go, Revolut does not want to reveal.
The company will, however, enter the payment market in South Africa and has also secured a license for the United Arab Emirates. Saudi Arabia is also included in the plans, according to Bloomberg's sources.
In the USA, the company is considering buying an established lender and applying for a bank license to get the expansion going.
