PANews reported on September 23rd that, according to Barrons, British fintech company Revolut said on Tuesday it will invest $13 billion over five years to support its international expansion, aiming to compete with traditional global banks. The company said it plans to create 10,000 jobs and enter more than 30 new markets by 2030.
Revolut to invest $13 billion over five years to support international expansion
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Revolut abandoned its plans to merge with Bank of America and instead sought an independent license.

