Proactive Investors - Revolut plans to increase its headcount by around 40% this year as part of rapid expansion plans from the fintech firm.
Some 2,000 roles have been added since the start of this year, taking London-based neobank Revolut to 10,000 employees globally.
Plans are for this to increase past 11,500 come the end of 2024, with roles expected to be added in Revolut’s sales, customer support and financial crime divisions.
“Revolut continues to grow from strength to strength, and to support that growth it is essential that we recruit the best talent from across the industry,” UK chief executive Francesca Carlesi said.
“We are delighted to be expanding across our global markets, including the UK, with hundreds of new roles across a range of specialities, all at a time when others are cutting back.”
Some 74,672 people have been laid off across 259 technology companies globally this year, according to Layoffs.fyi, following 263,180 in 2023.
This comes after firms ramped up hiring during the pandemic on an increase in demand, but have since scaled back.
Revolut appears to be bucking the trend therefore, despite higher administrative expenses, including from staff wages as headcount increased, leading to a £25 million loss in 2022.