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Monday, 12 October 2026
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SEA Deal Ticker

No Singapore bank licence, so why does Revolut commit US$270 million to the city?

Revolut will spend close to US$270 million (S$350 million) in Singapore over five years and grow its local team past 300 within three. It opens a Collyer Quay office in early 2027 on a payments licence, not a bank one.

Source — TechNode Global