Revolut to open new Singapore office and invest $350 million
Fintech company Revolut is investing $350 million in Singapore and opening a new office at Collyer Quay Centre by 2027. The company plans to significantly increase its local headcount to support its goal of becoming a comprehensive daily financial app.
Why it matters
This represents a major expansion of digital banking services in the Southeast Asian financial hub.
Revolut Singapore CEO Raymond Ng said that the new office signals the company’s commitment to Singapore.
Listen Summarise Revolut will open a new Singapore office at Collyer Quay Centre in early 2027 and invest nearly $350 million over five years. The fintech plans to grow its Singapore staff from nearly 170 to over 300 in three years, with more hires in engineering, product, data and AI. Revolut wants to move beyond travel services and become a daily app for money, with more digital banking, investing and AI tools for users and businesses. AI generated
SINGAPORE – Revolut will open a new office at Collyer Quay Centre as a mark of its expansion plans in Singapore and the region , said the London-headquartered fintech company on Oct 8.
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