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.

Revolut revealed on Monday its European arm will accelerate its continental push after bagging a new permit in France.

Revolut Bank has been granted a full banking licence by French and EU regulators, deepening the fintech's roots across Western Europe.