Keyrails joins Mastercard Start Path to boost cross-border finance

Revolut is making a bold move to become the world’s first truly global bank, committing US$13 billion to expand into 100 countries and reach 100 million customers by 2030. CEO Nik Storonsky unveiled the plan at the opening of the company’s new global headquarters in London’s Canary Wharf, marking a major milestone for the fintech giant. Already serving 65 million users across 50 markets, Revolut expects to generate over £4 billion in revenue this year, following a pretax profit of US$1.4 billion in 2024. A secondary share sale now values the firm at US$75 billion, up from US$45 billion last year. The expansion includes new branches in Portugal, Belgium, and India, as well as banking licenses in France, Australia, and New Zealand. The company is also entering Africa via South Africa, the Middle East through the UAE, and Latin America starting with Mexico. Storonsky emphasized Revolut’s mission to simplify money and its vision to become a truly global financial platform. The UK government has welcomed the move, with Chancellor Rachel Reeves highlighting Revolut’s US$4 billion investment and plans to create 1,000 new jobs. Source: Forbes #Revolut #GlobalBanking #Fintech #DigitalBanking #FinancialInnovation #NikStoronsky #ExpansionStrategy #UKFinance #EmergingMarkets #FintechLeadership #ForbesNews

As it opens its new global headquarters in Canary Wharf, Revolut has pledged to invest £3 billion in the UK, creating 1000 new high-skilled jobs over the next five years. Revolut's UK commitment is part of a wider five-year global plan to invest £10 billion and create 10,000 jobs as it targets 100 million customers by mid 2027 and entry into 30 new markets by 2030. The firm is expecting to launch as a bank in Mexico next year, with entry into Colombia and Argentina also planned. Having secured a payments license in April, it is preparing to launch in India, while a push into Africa is underway, beginning with South Africa. I use Revolut on both a personal and business level and have found them to be very good on international payments. #digital #revolut #fintech #future

Why Global Fintechs Can’t Ignore Flex Finance The global spend‑management space has been heating up. Ramp, Brex, and Payhawk are not just issuing cards; they are redefining how companies control money flow, extract insights, and scale operations. But while their reach is impressive, Africa remains a blind spot. The African business environment is unique: companies deal with fragmented payment methods, frequent cross‑border transactions, and uneven infrastructure. To serve this market effectively requires a product deeply attuned to local realities. Building from scratch would take years and immense capital. This is where Flex Finance comes in. The company has quietly built an operating system for African businesses — digitizing requisitions, spend approvals, disbursements, and reporting, all while accommodating diverse payment rails from banks to mobile wallets. In short, Flex has cracked the localization challenge that global fintechs would struggle to solve on their own. In a world where speed to market is everything, Flex represents a strategic shortcut. Acquiring it would not only provide instant distribution across Africa but also a proven product designed for complexity. For Ramp, Brex, or any other global player eyeing Africa, Flex is arguably the clearest path to relevance. The question is no longer whether global fintechs will enter Africa’s spend‑management race; it’s who will make the first move, and it's inevitable that they’ll have to do it through Flex. Do you think global players should prioritize acquisition over building when entering Africa’s fintech landscape? #fintech #africa #ramp #strategy #spendmanagement #brex

Revolut is coming to Africa! The UK-based fintech giant has announced plans to apply for a South African banking licence, marking its first licence bid on the continent. With over 65 million global customers and a goal of reaching 100 million by 2027, Revolut sees South Africa as a key growth market due to: ✅ A diversified economy ✅ Rapid digital adoption ✅ Rising demand for new financial services 🇿🇦 Jacques Meyer, Revolut’s South Africa CEO, said: “The market is primed for disruption, and we see a clear opportunity to bring our customer-first approach to millions of South Africans.” If successful, Revolut will bring a full suite of products to local clients, part of its bold mission to become the world’s first truly global bank. Do you think South Africa is ready for fintech disruption at this scale? Drop your thoughts in the comments ⬇️ Read the full story on our website👉 https://lnkd.in/dXFYMXWe Follow us Techpression for more fintech, banking, and digital innovation updates #Revolut #Fintech #DigitalBanking #AfricaTech #SouthAfrica #BankingInnovation #EmergingMarkets #GlobalExpansion #FinancialServices

🌏 Fintech momentum in EMEA & APAC is entering a new phase. The region is proving that expansion alone is no longer the goal—what matters now is market depth, licensing resilience, and integration with local rails. The shift from scale to permanence is visible: instead of chasing millions of users, players are learning that trust is built through compliance, deposits, and infrastructure. This week illustrated that transformation: - Revolut’s India launch prep → testing whether a European challenger can adapt to UPI’s demanding, real-time environment. - Trust Bank Singapore’s Flex Savings → proving deposits are now the anchor product for digital banks. - Checkout.com’s enterprise payments upgrades → showing how infrastructure players are shaping global scalability. - NAO’s debut in the Netherlands → a reminder that even mature markets can host new challengers when incumbents leave gaps. 💡 Why it matters In Asia and Europe alike, the differentiator is no longer speed but endurance. Digital banks that secure licences, gather deposits, and align with regulators will outlast those chasing growth at any cost. 🔍 Strategic takeaway: Fintech winners here will be those who stop fighting against the system and start embedding themselves deep within it. Do you believe local licensing strength will matter more than user growth in defining the next generation of winners? Dive deeper into this week’s market shifts in our full Newsletter: https://lnkd.in/e6-h9jUb #FinTech #APAC #EMEA #DigitalBanking #Strategy #Payments  #FinTech #APAC #EMEA #DigitalBanking #Strategy #Payments

London's fintech powerhouse Revolut is making its African debut, announcing plans to apply for a full commercial banking license in South Africa, its first on the continent. Revealed on September 23 at the opening of its new global HQ, this move signals a pivot from limited e-money approvals to full-service banking, enabling accounts, loans, and investments for locals. With 65M+ global users (targeting 100M by 2027 and 30+ new markets by 2030), CEO Nik Storonsky calls out past "worse products" from partial licenses. It pits Revolut against TymeBank (R26.7B valuation, inclusion focus), Discovery Bank (1M affluent users), and Bank Zero (R1.1B acquisition underway). Backed by a $75B valuation raise and $13B five-year investment, Revolut eyes 10K global jobs amid UAE and US expansions. #Revolut #SouthAfrica #Fintech #DigitalBanking #AfricaTech #FintechExpansion

Revolut has just unveiled its new global HQ in Canary Wharf alongside a £3 billion commitment to the UK and a bold pledge to reach 100 million customers worldwide. Why this matters: 🏦 Revolut is now one of the UK’s most valuable fintechs, proving London’s global position in financial innovation ⚡ Their £3B pledge signals confidence in the UK economy 🌍 Their 100M customer goal sets the bar for scaling a digital bank model globally The new HQ will: • Serve as the central hub for Revolut’s global expansion • Anchor thousands of jobs in London’s fintech ecosystem • Drive innovation in banking, payments, and wealth products • Strengthen the UK’s role as a leader in digital finance At Lendoe, we’ve always said capital should flow where innovation is. Moves like this show the UK is still one of the best places to build and scale a financial business. 👏 We’ll be keeping a close eye as this vision unfolds and exploring what it means for diverse entrepreneurs and founders in our network.

Revolut commits £3B to UK as it opens new global headquarters #Revolut has announced a £3 billion investment in the UK over the next five years as it inaugurates its new global headquarters in Canary Wharf, London. The #fintech giant, founded by Nik Storonsky, plans to create 1,000 high-skilled jobs as part of its long-term strategy to strengthen its domestic presence while scaling globally. The move follows a wave of major financial sector commitments, including £100 billion from Blackstone, £7 billion from BlackRock, and £1.25 billion from US firms such as PayPal and Bank of America, which together are generating 1,800 new jobs across London, Edinburgh, Belfast, and Manchester. Chancellor Rachel Reeves praised the momentum, linking it to her Leeds Reforms designed to make the UK more attractive for financial services investment. Revolut’s UK expansion is part of a wider £10 billion global growth plan to create 10,000 jobs, reach 100 million customers by mid-2027, and enter 30 new markets by 2030. The company is preparing to launch banking operations in Mexico, expand into Colombia and Argentina, and scale in India and South Africa. With over 65 million customers worldwide, Revolut is positioning its London HQ as the hub of its push to become the world’s first truly global bank. The article on Finextra in the first comment.

🌍 𝗥𝗲𝘃𝗼𝗹𝘂𝘁 𝗖𝗼-𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗦𝘁𝗼𝗿𝗼𝗻𝘀𝗸𝘆 𝗦𝗵𝗶𝗳𝘁𝘀 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝘆 𝗳𝗿𝗼𝗺 𝗨𝗞 𝘁𝗼 𝗨𝗔𝗘 The Co-Founder and CEO relocates as UK changes tax rules for wealthy residents and company waits for full banking approval: 📋 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗖𝗵𝗮𝗻𝗴𝗲: Nik Storonsky, Revolut's largest shareholder and CEO, officially changed his residency from the UK to the United Arab Emirates according to Companies House filings posted Tuesday. 💰 𝗧𝗮𝘅 𝗖𝗼𝗻𝘁𝗲𝘅𝘁: The move follows the abolition of the UK non-dom regime, causing a wave of wealthy individuals to leave for more tax-friendly jurisdictions like the UAE, where Storonsky already spends much of the year. 🏦 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗟𝗶𝗺𝗯𝗼: The residency change comes as Revolut awaits a fully fledged UK banking license, currently stuck in "mobilisation" phase with only £𝟱𝟬,𝟬𝟬𝟬 maximum deposits allowed since securing initial license last year. 💵 𝗪𝗶𝗻𝗱𝗳𝗮𝗹𝗹 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: Storonsky is in line for a multibillion-dollar payout if he steers the fintech's valuation to approximately $𝟭𝟱𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻, up from the current $𝟳𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 valuation from most recent fundraising round. 🇬🇧 𝗨𝗞 𝗖𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁: Despite the move, a source says Storonsky retains a home in the UK and will work frequently in the country, with Revolut affirming commitment to having key decision makers based in Britain. 🌐 𝗚𝘂𝗹𝗳 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻: Revolut secured a UAE "stored value facilities and retail payment services licence" in September and is exploring plans to buy a bank in the country to accelerate growth there. 👥 𝗕𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱: Storonsky, who was born in Russia but renounced his citizenship after the Ukraine invasion, co-founded Revolut in London in 2015 with the company now serving 65 million users globally. 💼 𝗨𝗞 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁: Despite the residency shift, Revolut opened a new London headquarters and pledged £𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 investment in the UK last month, with Abu Dhabi's Mubadala holding a stake. #Revolut #NikStoronsky #UAE #Fintech #UKBanking #TaxResidency #NonDom #DigitalBanking #FinancialServices #WealthMigration

Revolut has just pledged £3 billion in UK investment over the next five years, and with it, 1,000 new jobs, anchored by the opening of its new Global HQ in London. This isn’t just symbolic. It’s foundational to their ambition of reaching 100 million customers by mid-2027, while fueling innovation across AI, product expansion, B2B payments and international scale. In a time when fintechs oscillate between global ambition and local roots, Revolut is choosing both. Are we witnessing a new blueprint for fintech scaling? Check out this article: https://lnkd.in/eCZ-YPgk #Fintech #ScaleUp #LondonHQ #Investment #TechInUK #Innovation #Growth #DigitalBanking #FutureOfFinance #TechLeadership #GlobalAmbition