Revolut

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Grande Porto
Location of affected unit(s)
Matosinhos
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation
400 jobs
Number of planned job creations
Job creation
Announcement Date
2 September 2019
Employment effect (start)
1 January 2020
Foreseen end date

Description

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.

Sources

Citation

Eurofound (2019), Revolut, Business expansion in Portugal, factsheet number 98598, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98598.