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Revolut pledges £3b UK investment as it prioritises full banking licence

Revolut’s “number one” priority is becoming a fully fledged UK lender, the fintech’s boss said, as the company pledged to invest £3b in the country. The investment promise came as Revolut unveiled expansion plans on Tuesday that would see the London-headquartered fintech expand into 30 new countries by 2030 as part of a push to reach 100m users. It currently has more than 65m customers globally.

“While President Trump announced late last week that it will make it harder to bring talent to the US, we want to make it easier to bring talent to the...