Revolut, the global fintech company, announced Monday plans to strengthen its footprint from Singapore to support product innovation and drive expansion across Asia.
Revolut said in a statement that 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 artificial intelligence (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 $75 billion.
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 Program and Rev-celerator Graduate Programs 2026 in Singapore.
Through these programs, Revolut offers successful candidates in Singapore the opportunity to relocate to its offices in one of three locations: Poland, the United Kingdom or the United Arab Emirates (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.
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.
“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,” said Raymond Ng, Chief Executive Officer, Singapore & Southeast Asia at Revolut.
Victor Stinga, Chief Financial Officer at 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,” he added.
EDB’s Executive Vice President, Chan Ih-Ming said 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 programs will also create new opportunities for local talent to grow in the fintech sector,” he added.
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