Revolut plans to invest 1 billion euros in France and seek a banking license.

British financial company Revolut announced on Monday at the "Choose France" investment summit that it plans to invest 1 billion euros in France over the next three years. As part of its expansion plan, Revolut will soon apply for a French banking license, open a new office in Paris, and create at least 200 new jobs in France, increasing its current workforce in France to around 500 people.