EMCC European Monitoring Centre on Change



Geographic Location

Country: Portugal
Region: Grande Porto; Norte; Continente
Location of affected unit(s): Matosinhos


Sector: Financial services
Financial and insurance activities
64.19 - Other monetary intermediation

Employment Effects

Announcement Date: 02-09-2019
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2020
Planned Job Creation: 400

Additional Information

Financial technology company offering banking services Revolut announced the creation of 400 new positions in Matosinhos, Porto. The company plans to open its new global operational support centre by the end of 2019. The new positions are expected to include roles in the areas of customer support, complaints, investigation and compliance. The company invested around €4 million in the centre, which will be the second largest in Europe.

The company has currently 70 employees and 250,000 customers in Portugal.