Revolut, a global financial leader, has announced plans to open a new office at Collyer Quay Centre in Singapore by early 2027. This move is part of a broader commitment to invest nearly S$350m in the country over the next five years. The investment aims to support product innovation, business growth, and workforce expansion, with the local team expected to grow to over 300 employees.
The new office, located in Singapore’s financial district, will serve as a central hub for Revolut’s operations in Southeast Asia. The company has signed a five-year lease for an 8,880 sq ft space, which will feature prominent branding on the building’s façade. This expansion follows a significant increase in Revolut’s Singapore workforce, which nearly doubled in 2025.
Revolut’s investment reflects its confidence in the Singapore market, bolstered by its second consecutive year of net profitability in 2025. The company has seen strong growth in both retail and business sectors, with domestic transaction volumes increasing by over 30% year-on-year. Additionally, Revolut’s business customer base in Singapore grew fivefold in 2025, with deposit balances and transfer volumes tripling.
Raymond Ng, CEO of Revolut Singapore and Southeast Asia, stated, “Our nearly S$350m commitment reflects how far we’ve come and our confidence in the opportunities ahead.” The announcement coincides with the Singapore Grand Prix, where the Revolut Audi Formula 1 Team will race for the first time, marking a significant milestone for the company in the region.
