Revolut to open new Singapore office, invest S$350M & grow local headcount to 300
- ID
- 33521
- Status
- summarized
- Published
- 08 Oct 2026, 5:20 PM
- Fetched
- 09 Oct 2026, 2:57 PM
- Provider
- Vulcan Post
- Category
- malaysia-startup
- Original URL
- https://vulcanpost.com/913751/revolut-new-singapore-office-2027/
- Source URL
- https://vulcanpost.com/feed/
Summary
- Score
- 4.0
- Created
- 09 Oct 2026, 2:58 PM
- Tags
- Audience
- developersai_ml_learnersstartup_founders
What happened
Revolut, the London-headquartered fintech that entered Singapore in 2019, announced on Oct 8 that it will open its first permanent Singapore office — 8,880 sq ft on the ninth floor of Collyer Quay Centre, slated for early 2027 — and invest nearly S$350 million in Singapore over five years. Its Singapore headcount goes from about 170 today to more than 300 within three years, with hiring across engineering, product, data and artificial intelligence, keeping the current 70% local / 30% foreign workforce mix. The announcement follows a Sept 2026 secondary sale valuing Revolut at US$115 billion, unchanged from July and up from US$75 billion in 2025, on 2025 pretax profit of £1.7 billion.
Why it matters
This is a sponsored-tagged expansion announcement, so the practical signal is narrow: a fintech adding roughly 130+ roles in Singapore over three years in engineering, product, data and AI, explicitly stating a 70/30 local-to-foreign hiring mix. If you hire or job-hunt in SEA fintech, that is a concrete competitor for the same talent pool — but there is no product, pricing, API or policy change here that a Malaysian builder needs to act on this week.
Discussion angle
Revolut frames Singapore as its 'launch pad' for Asia with S$350M and a 300-person team; ask what a Malaysian fintech would need — licensing, capital, talent — to be the regional base instead, and whether the 70/30 local-foreign hiring model is realistic for KL teams.