Under the Radar: What is underpinning Revolut’s aggressive expansion plans and what role will Southeast Asia play in this regard? Its CEO of Singapore and Southeast Asia explains.

Money Matters with Hongbin Jeong and Chua Tian Tian

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3d ago 27:32

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Helping every person and business do all things money – be it spending, saving, investing, borrowing or managing – in just a few taps. That is the mission of our guest today, Revolut.

Founded in 2015, and touted as a “super app” providing services from digital banking, cross-border payments, equity and cryptocurrency trading, card services and even travel perks, Revolut has quickly evolved into one of the most talked about fintechs in the world.

With a network that supports 160 countries and regions, Revolut says it now serves over 60 million personal customers around the world, and over hundreds of thousands of business customers globally.

And the numbers are set to increase as the firm experiences a period of rapid growth right now.

For one thing, a Bloomberg report out in September 2025 noted that the company is set to deliver over £4.1 billion (S$7.1 billion) in annual revenue this year.

Media reports also noted that the firm launched a secondary share sale the same month, valuing the firm at US$75 billion, with some noting that the fintech darling is exploring a dual listing in London and New York, for what’s said to be its “blockbuster” IPO.

That same month, the firm also launched its global headquarters in London and announced a US$13 billion investment to attract 100 million users and enter 30 new geographies by 2030.

In Singapore, Revolut plans to double its headcount within a year from September 2025 in line with the company’s wider ambitions to expand into Southeast Asia and around the world.

So what’s underpinning Revolut’s aggressive expansion plans and what role will the company’s Singapore operations play in this regard?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Raymond Ng, CEO of Singapore and Southeast Asia, Revolut.

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Under the Radar: What is underpinning Revolut’s aggressive expansion plans and what role will Southeast Asia play in this regard? Its CEO of Singapore and Southeast Asia explains.

Money Matters with Hongbin Jeong and Chua Tian Tian

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published 3d ago