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UK fintech firm Revolut launches tech hub in Philippines

Revolut, a United Kingdom-based fintech company with over 60 million customers, has announced the opening of a new technology hub in Manila, Philippines.

The hub aims to enhance the company’s global operations, highlighting innovation and operational scalability.

This Global Capability Center (GCC) is expected to create hundreds of jobs in the Philippines, primarily in customer service roles.

These positions will work with teams across the UK, Europe, Asia-Pacific, and the Americas to strengthen Revolut’s global capabilities.

Revolut’s Chief Executive Officer for Singapore and Southeast Asia Raymond Ng said that the company is committed to the Philippines.

He noted, “We see the Philippines as a strategic market for Revolut’s growth in Southeast Asia.”

The new hub follows Revolut’s previous expansion in Asia, which included the launch of its first tech center in India in 2021.

The new facility in Manila is part of Revolut’s strategy to leverage skilled talent in the region while scaling its global operations.

🔗 Source: Revolut


🧠 Food for thought

1️⃣ Southeast Asia emerges as a strategic fintech talent hub amid $180B market opportunity

Revolut’s expansion into the Philippines reflects a broader trend of global fintech companies tapping into Southeast Asia’s growing tech ecosystem to fuel their growth.

The region’s fintech market is projected to grow from $38 billion to $180 billion by 2030, driven by innovations in embedded finance and AI technologies, with embedded finance expected to account for 40% of this market ($72 billion)1.

This expansion strategy mirrors Revolut’s successful 2021 India hub launch, which now employs thousands supporting global operations, demonstrating how the company leverages skilled talent pools in emerging markets2.

The Philippines specifically offers Revolut access to a digitally-ready workforce in a region where financial inclusion is a priority—nearly 96% of Asia Pacific fintech companies focus on expanding financial access to underserved populations3.

This strategic location choice comes despite Southeast Asia experiencing a 22% year-on-year decline in fintech funding to $776 million in the first half of 2025, indicating Revolut’s confidence in the region’s long-term potential despite short-term market fluctuations4.

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