Revolut opens Collyer Quay office amidst $350m expansion push

The fintech plans to exceed 300 employees locally within three years.

Revolut will open a new office at Collyer Quay Centre in early 2027 as the fintech firm commits nearly $350m to expanding its Singapore business.

The company has signed a five-year lease for about 8,880 square feet of office space on the ninth floor of Collyer Quay Centre.

The investment will span product innovation, business growth, and workforce expansion, as Revolut enters its next phase of growth in Singapore.

The new office will support plans to grow its Singapore workforce to more than 300 employees over the next three years.

Revolut nearly doubled its Singapore workforce in 2025, with headcount rising more than 95% year on year. It is hiring across engineering, product, data, and artificial intelligence.

“As Revolut nearly doubles its team and builds new product capabilities here, it will strengthen our fintech ecosystem and create valuable opportunities for local talent to develop skills and experience in a fast-growing sector,” said Pee Beng Kong, Executive Vice President of the Economic Development Board.

The company has been expanding its travel-focused product into an everyday spending and financial management platform.

Its domestic transaction volumes grew by more than 30% year on year in 2025, with domestic transactions accounting for nearly half of total activity.

Peer-to-peer payment volumes also increased by close to 40%, whilst both the number and volume of virtual card payments grew by more than 55%. The number of customers using Wealth & Trading increased by close to 55%.

The company said its Singapore business customer base grew fivefold in 2025. Over the year to August 2026, deposit balances and transfer volumes each tripled, whilst card payment volumes increased tenfold.