Fintech firm Revolut is establishing a technology hub in the Philippine capital, Manila, as part of a plan to expand global capabilities and accelerate product innovation, the company said on Wednesday.
The Manila site will operate as a Global Capability Center that supports engineering, financial-crime prevention and customer-experience teams serving the United Kingdom, Europe, Asia-Pacific and the Americas.
Revolut, which reports more than 60 million users worldwide, expects the centre to generate several hundred jobs in the near term, drawing on the country’s pool of technology and service talent.
The company said the investment underscores its long-term commitment to Southeast Asia and positions the Philippines as a key contributor to the group’s growth agenda.
It noted that customer-centric functions such as advanced service support and risk controls will be based at the facility, enabling stronger operational resilience as the business scales.
Philippine officials called the move a vote of confidence in the country’s fintech potential, citing its young workforce, improving digital infrastructure and policy support aimed at building a future-ready economy.
The British government’s trade arm also welcomed the decision, describing it as evidence of deepening UK-Philippines commercial ties in financial technology.
The Manila operation becomes Revolut’s second major technology hub in Asia. The first opened in India in 2021 and now employs thousands of workers across product development, compliance and support roles.
By adopting a remote-first hiring model in both markets, the company says it can access a wider talent pool while offering flexible employment options.
Revolut did not disclose the size of its Philippine investment but said the new centre would serve as a strategic extension of its global network and enhance scalability.
Philippine government data show foreign pledges in IT-BPM activities have been rising as companies move up the value chain from traditional contact-centre work to higher-value software and analytics services.
Founded in London in 2015, Revolut offers multi-currency accounts, transfers, stock trading, and cryptocurrency services through a single mobile platform.
The firm was valued at about $33 billion in its last funding round and has placed Asia among its priority markets for user acquisition and partnership growth.
The company said recruitment for the Manila hub will begin immediately, with initial hiring focused on engineering, compliance, and customer-success roles.
Further expansion phases are planned as the facility ramps up to full capacity over the next several quarters.