Type
Business expansion
Country
World
Region
Location of affected unit(s)
France, Spain, Portugal, Lithuania, Poland, the United Kingdom, the United States
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

1,370 jobs
Number of planned job creations
Job creation
Announcement Date
25 March 2021
Employment effect (start)
25 March 2021
Foreseen end date

Description

English financial technology company Revolut has announced that it will create more than 1,300 new jobs worldwide, including over 200 positions in Poland100 in Lithuania, and 170 in Portugal.

The company has launched a recruitment process to build its global sales force, so creating 1,000 new jobs in seven countries: France, Lithuania, Poland, Portugal (around 100 jobs), Spain, the United Kingdom, and the United States. Revolut is looking for sales representatives with a minimum of six months experience in B2B sale and with knowledge of foreign languages, especially, English, French, German or Spanish. The Polish unit is expected to be the biggest beneficiary of the programme, but, so far, there is no information on how many jobs will be created in Poland under the process.

Additionally, Revolut is looking for 120 candidates for its financial crime operations department and 80 for its customer support department in Kraków, Poland, while in Lithuania, Revolut will be expanding its banking, financial crime and money laundering prevention and customer service teams by 100 jobs. In Portugal, 70 new roles will be created across areas like financial crime, data analysis, operations, back-end and front-end engineering, learning and development teams, copywriting, recruitment, support and customer support.

Headquartered in London, Revolut was founded in 2015. The company provides global financial applications for money transfer and exchange. Currently, the company employs 2,500 people worldwide. For previous restructuring events see Revolut2018 - UK and Revolut2019 - PT


Sources

Citation

Eurofound (2021), Revolut, Business expansion in World, factsheet number 104420, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104420?page=7.