While Paris’s 18th arrondissement is gaining momentum with the arrival of Mistral AI and “Cortex House,” the “Silicon Sentier” is far from having said its last word. Indeed, the capital’s tech district—home to hubs such as Climate House—is about to welcome a particularly ambitious new occupant: British online bank Revolut. The company is one of the few European tech giants with global reach, boasting more than 70 million customers worldwide and a valuation of $75 billion.
Revolut has signed a 10-year lease for a Haussmann-style building on Rue de Réaumur. The British neobank will occupy more than 2,400 square meters of office space spread over six floors, eventually accommodating 500 employees, including the 200 hires announced last year to strengthen its French subsidiary. Fully renovated last year, the building is set to open in early 2027. It will be hard to miss its tenant, as the bank’s logo will be displayed on the ground floor.
25 million customers managed from the Paris headquarters
This Paris headquarters will serve as Revolut’s hub for Western Europe. In addition to France—its second-largest market with more than 7 million customers—the office will oversee Spain (6 million customers), Italy (4.5 million), Germany (3 million), Ireland (3 million), and Portugal (2 million), representing a total base of more than 25 million customers. Markets in Central and Eastern Europe will continue to be managed from the company’s Lithuanian headquarters.
“With more than 25 million customers, Western Europe is now Revolut’s most important region and also the fastest-growing one—and it still holds considerable untapped potential. France is at the heart of this positive momentum, which is why we chose Paris to establish our regional headquarters,” said Antoine Le Nel, Chief Growth and Marketing Officer at Revolut.
Securing a banking license in France
This move also allows Revolut to follow through on commitments made at the Choose France summit a year ago. At that time, the fintech company announced plans to invest more than €1 billion over three years, notably to meet the additional capital requirements imposed by the French regulator in order to obtain a banking license in the country. Revolut will therefore apply for a banking license with the French Prudential Supervision and Resolution Authority (ACPR).
Before securing this headquarters in central Paris, the British bank had already begun structuring its French operations by appointing Frédéric Oudéa, former CEO of Société Générale, as Chairman for Western Europe. He works alongside Béatrice Cossa-Dumurgier, who previously held roles at BNP Paribas and on Société Générale’s board of directors, and who was appointed CEO of the division last year.
For the fintech led by Nikolay Storonsky, all indicators are looking positive—especially as one of its rivals, N26, experienced leadership upheaval last year with its long-standing CEO stepping back. Financially, Revolut surpassed €5 billion in revenue in 2025, up from €3.7 billion in 2024. The British bank aims to reach the symbolic milestone of 100 million customers in the coming years and hopes to exceed 10 million customers in France as early as this year.