Revolut announced at the “Choose France” summit held at the Palace of Versailles on June 1 that it will add €100 million in investment in France by 2030 and create 200 jobs. The announcement builds on Revolut’s 2025 commitment to invest €1 billion in the construction of its Paris Western Europe headquarters. Revolut is applying to the French Prudential Supervision and Resolution Authority (ACPR) for a local banking license in France, which has not yet been approved.
France market outlook: 7 million user base and a regional headquarters to be launched in early 2027
France is currently Revolut’s largest market in the EU, with about 7 million users. Revolut’s announced growth targets are: reaching 10 million users by the end of 2026 and 20 million users by 2030.
Revolut has signed a 10-year lease agreement for a renovated building in the Paris Exchange district, which will serve as its Western Europe regional headquarters. The official announcement confirms that it is expected to be put into formal use in early 2027.
ACPR banking license application: existing service structure and application progress
Revolut currently provides services in the EU using a Lithuanian banking license, and holds a MiCA authorization through a crypto entity in Cyprus, offering crypto-asset services within the European Economic Area (EEA).
Revolut is currently applying to the ACPR for a local banking license in France; under the ACPR framework rules, a holder of a local license can provide deposit, credit, and lending business directly under supervision in France, covering a scope that goes beyond the authorization of its existing Lithuanian license in France. The above crypto services were not affected by Monday’s announcement and continue to operate under the existing MiCA license structure.
“Choose France” 2026 summit: a record $108 billion and major announcements on the same day
Total foreign investment commitments for the 2026 “Choose France” summit reached $108 billion (€93 billion), planned to create more than 15,000 jobs, the highest in the history of these summits. Major commitments announced on the same day as Revolut include: SoftBank’s $52 billion (€45 billion), additional commitments from Brookfield and Salesforce; most of the newly allocated funds are targeted at French data centers and AI infrastructure.
At the summit, Macron said this round of investment commitments reflects France’s ability to compete for high-value digital investments with London, Berlin, and Amsterdam.
FAQ
What is the current status of Revolut’s application for a banking license in France?
Revolut is applying to the ACPR for a banking license in France; as of the time of reporting, the application has not been completed. Currently, Revolut uses its Lithuanian banking license to provide services in France, and the ACPR has not published a review timeline.
When will Revolut’s Western Europe regional headquarters in France begin operations?
Revolut has signed a 10-year lease agreement for a renovated building in the Paris Exchange district. The officially confirmed start date is early 2027, when it will be formally put into use as its Western Europe regional headquarters.
How is this €100 million investment commitment related to the €1 billion commitment in 2025?
The announced €100 million (€116 million) is an additional expansion investment added on top of the €1 billion commitment in 2025. The goal is to complete it by 2030. Both commitments are intended to deepen Revolut’s business and infrastructure buildout in France.
