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Revolut Singapore accelerates product innovation and Asia expansion with EDB support

Revolut Singapore accelerates product innovation and Asia expansion with EDB support


This press release was issued by Revolut.

 

  • Revolut Singapore, with support from EDB and investment from EDBI, is accelerating the development and scaling of its products and services, while building high-skilled teams in engineering, product, data, and AI. 
  • Headcount doubled in 2025, with plans to triple workforce as Singapore anchors Revolut’s Asia expansion. 
  • This reflects Revolut Singapore’s long-term growth plans and its contribution to strengthening Singapore’s position as a leading global fintech and innovation hub.

Revolut, the global fintech company serving more than 70 million retail customers and hundreds of thousands of business customers worldwide, today announced plans to strengthen its footprint from Singapore to support product innovation and drive expansion across Asia. With support from the Singapore Economic Development Board (EDB) and EDBI, Revolut Singapore will further develop and scale its products and services locally, building high-skilled teams across product development, engineering, data, and AI.

EDBI operates under SG Growth Capital, the investment platform of EDB and Enterprise Singapore, and invests in high-growth global technology companies and industry leaders seeking to scale in Singapore and across Asia. With this investment, EDBI joins Revolut’s roster of leading, global investors. Revolut is currently valued at US$75 billion.

Scaling Hiring & Talent Development

Revolut has doubled its headcount in Singapore from 2024 to 2025 and plans to triple its workforce over the next three years, supporting product innovation and regional expansion.

The company has recently launched its Rev-celerator Internship Programme and Rev-celerator Graduate Programmes 2026 in Singapore. Through these programmes, Revolut offers successful candidates in Singapore the opportunity to relocate to its offices in one of three locations: Poland, the UK or the UAE, with Spain as an additional location for graduates. The objective is to onboard talent from top institutions not only in Revolut’s hiring locations but also from around the globe, while contributing to talent development and knowledge transfer across Singapore’s broader tech ecosystem.

Driving Regional Growth

From its Singapore base, Revolut will drive regional expansion efforts across Asia. Revolut’s regional momentum includes the recent launch of its Global Tech Hub in Manila, a strategic extension of the company’s global network designed to support its expanding worldwide operations. The company is also actively evaluating expansion into several additional markets across the region.

“We are deeply grateful for the trust and support from EDB and EDBI. EDB’s longstanding commitment to building Singapore into a global innovation and fintech hub - along with its expertise, guidance, and extensive network - has been invaluable to our growth journey. EDBI’s investment in Revolut Singapore will further enable us to accelerate innovation, scale our regional footprint from Singapore, and deliver inclusive, accessible, and trusted financial services to customers across the region.”

Raymond Ng

CEO, Singapore & Southeast Asia

Revolut

“This strategic investment from EDBI is a strong endorsement of Revolut’s long-term vision in Asia and of Singapore’s role as our regional anchor. It strengthens our ability to invest with discipline and ambition - scaling our product capabilities, deepening our regional presence, and building resilient operations to support sustained growth. We look forward to working closely with EDB and EDBI as we advance our regional ambitions.”

Victor Stinga

CFO

Revolut

“Revolut’s expansion of its regional operations here reflects confidence among fintech companies in Singapore’s role as a stable and trusted base to access Asia’s growth markets. With its innovation hub and AI product teams in Singapore, Revolut will accelerate the development of cutting-edge fintech solutions for the region and beyond. Its commitment to talent development through internship, graduate and leadership programmes will also create new opportunities for local talent to grow in the fintech sector.”

Chan Ih-Ming

Executive Vice President

EDB

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