Revolut, the global fintech with over 8 million UK customers and 40 million globally, has today announced it expects to boost its global headcount by 40% in 2024. The announcement comes as the company reaches 10,000 employees globally, and continues to grow its workforce, all whilst many other financial institutions are making job cuts or hiring freezes. The company has over 70 roles currently advertised in the UK.

The company has grown exponentially since its founding in 2015. Revolut started the year with just over 8,000 employees, but has reached the 10,000 milestone in little over three months. The financial institution plans to continue to build out its Sales, Customer Support and FinCrime teams, for which the majority of new roles will be created.

Francesca Carlesi, CEO of Revolut UK, commented: “Revolut continues to grow from strength to strength; and to support that growth it is essential that we recruit the best talent from across the industry. 10,000 employees is an exciting milestone but we’re not stopping there. We are delighted to be expanding across our global markets, including the UK, with hundreds of new roles across a range of specialities, all at a time when others are cutting back.

“As our home market, the UK is at the centre of Revolut’s growth, and is an integral part of not only the company’s expansion locally but also internationally. We look forward to welcoming the next batch of Revoluters over the next few months to help build Revolut across the globe.”

As a remote-first business, with over a third of its workforce based outside of London already, Revolut UK is able to access a wider talent pool by hiring from across the country and offering employees more flexibility in where they work. Revolut also continues to be an employer of choice for prospective candidates, having received over one million job applications globally in 2023. The Company was also certified a Great Place to Work across eight of its markets, including the UK.