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Revolut moves HQ to finance hub Canary Wharf

Revolut Canary Wharf
Image credit: Gordon Bell / Shutterstock

British fintech unicorn Revolut is relocating its London headquarters to the financial district Canary Wharf.

The fintech has committed to a 10-year lease at the YY London building and will make the move in May 2025.

Revolut, which has been seeking a UK banking licence since 2021, will join the likes of Barclays, HSBC, JPMorgan Chase and Deutsche Bank in Canary Wharf.

The digital finance app, which provides services including stock trading and peer-to-peer payments, has now reached nine million customers in its domestic market.

“We are delighted to be committing to a new global headquarters in the centre of London’s financial district,” said Revolut co-founder and CEO Nik Storonsky.

“Revolut started in 2015 with just a handful of employees but has grown to over 10,000 employees globally. Our new headquarters ensures we continue to build on this success and will serve as Revolut’s home as we expand across the globe.”

Revolut was originally based in Canary Wharf, with its first home being in the Level39 fintech incubator in the district. The move will increase Revolut’s office footprint by 40% to 113,000 square feet.

“We are delighted Revolut has recommitted to Canary Wharf – the very place their remarkable journey began,” said Canary Wharf Group CEO Shobi Khan.

“From their humble beginnings in 2015 when they started out with just two desks at Level39 to now expanding into their global headquarters. Revolut’s phenomenal rise is a powerful testament to the extraordinary environment we have created for the world’s leading and most innovative companies.”

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