Revolut, the global fintech company, has announced its plans to bolster its presence in Asia by expanding its operations from Singapore. Supported by the Singapore Economic Development Board (EDB) and its investment arm, EDBI, Revolut aims to accelerate product innovation and regional growth. The company plans to triple its workforce over the next three years, focusing on high-skilled roles in engineering, product development, data, and artificial intelligence.
Revolut’s expansion is part of a broader strategy to strengthen Singapore’s position as a leading global fintech and innovation hub. The company, currently valued at US$75b, has already doubled its headcount in Singapore from 2024 to 2025. It has also launched the Rev-celerator Internship and Graduate Programmes, offering successful candidates opportunities to work in offices in Poland, the UK, the UAE, and Spain.
Raymond Ng, CEO of Revolut Singapore and Southeast Asia, expressed gratitude for the support from EDB and EDBI, stating that their commitment to building Singapore as a global innovation hub has been invaluable. Victor Stinga, CFO at Revolut, highlighted that the investment from EDBI endorses Revolut’s long-term vision in Asia.
The expansion in the region includes the recent launch of a Global Tech Hub in Manila, and Revolut is evaluating further market expansions across Asia. EDB’s Executive Vice President, Chan Ih-Ming, noted that Revolut’s growth reflects confidence in Singapore as a stable base for accessing Asia’s markets, and its commitment to talent development will create new opportunities for local talent in the fintech sector.
