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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Revolut plans to invest over $1.1 billion in France and apply for a local banking license.
According to Mars Finance on May 19, Cointelegraph reported that Revolut plans to invest over 1 billion euros (approximately 1.1 billion dollars) in France and apply for a local banking license. A representative from Revolut announced this plan at a business summit hosted by French President Macron in Paris this Monday. The London-based new bank also plans to set up its new headquarters in Paris to serve the EU market, promising to invest 1 billion euros within three years and hire at least 200 people.