Revolut added almost eight million new customers across the EU last year alone. With its new French banking license, the neobank is looking to accelerate its expansion further, planning around 600 new jobs and a major new headquarters in Paris.

The neobank continues to grow rapidly and needs many new employees. (Image: zVg)

Tuesday, 11 August 2026 11:34

France's banking regulator ACPR and the European Central Bank (ECB) have granted Revolut a full banking license in France, the company announced. Until now, Revolut has operated its EU business under a Lithuanian banking license.

According to the company, customers in Western Europe will gradually be transferred to the French entity, starting with France and followed by countries including Germany, Ireland, Italy, Portugal and Spain.