Revolut to Relocate Headquarters to Canary Wharf
Financial technology company Revolut announced on Thursday its intention to relocate its official headquarters in London to Canary Wharf, the city’s main financial district.
Revolut will move its global headquarters to the YY London building, located in the heart of Canary Wharf. The company has signed a 10-year lease agreement for this building. As a result, Revolut will increase its office space by 40% to 113,000 square feet and occupy four floors.
The company plans to place its logo on two signs on the sides of the new building, following the trend of legacy bank brands such as HSBC, Barclays, and Citigroup. Revolut noted that the signs are subject to planning approval.
Canary Wharf is London’s main financial district, home to many of the world’s largest banks, insurance companies, and other financial institutions.
Revolut’s announcement comes at a time when the digital banking startup is still awaiting the outcome of its application for a banking license in the UK, which would allow it to launch lending products such as credit cards and personal loans.
