Revolut plans to invest nearly S$350 million in Singapore over the next five years as it expands its local workforce, products and regional operations.

The fintech company said it has signed a five-year lease for about 8,880 square feet at Collyer Quay Centre, with the new office scheduled to open in early 2027. The site will support plans to grow its Singapore team to more than 300 employees over the next three years, with hiring across engineering, product, data and artificial intelligence.

Revolut said its Singapore workforce grew by more than 95 percent in 2025. The company also reported that domestic retail transaction volumes rose by more than 30 percent year on year, while its local business customer base increased fivefold. Those operating figures are company-supplied and have not been independently verified by TNGlobal.

The company said Singapore will serve as an important base for its expansion across Southeast Asia. Revolut Technologies Singapore is authorized by the Monetary Authority of Singapore as a Major Payment Institution, but it does not hold a Singapore banking license.

Raymond Ng, Revolut’s chief executive officer for Singapore and Southeast Asia, said the investment will support growth in people, products and technology as the company expands across the region.

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