Revolut, the UK-headquartered fintech has established a new global technology hub in Manila as part of its strategy to accelerate international growth and deepen capabilities across time zones.
Announced on 9 July, the Manila hub will serve as a Global Capability Centre, supporting engineering, product development, customer support, and other core teams across Europe, Asia-Pacific and the Americas. The move is expected to generate hundreds of high-skilled technology roles locally, including software engineers, data analysts and financial crime specialists.
“This is not a back office,” said Raymond Ng, Revolut’s Chief Executive for Southeast Asia. “We are building a centre of excellence in Manila that will contribute directly to our product innovation and service delivery around the world.”
The launch follows a wave of global fintechs expanding their presence in the Philippines, citing a highly educated, English-speaking workforce and supportive regulatory environment. Revolut’s announcement comes months after it received a licence from the Bangko Sentral ng Pilipinas to operate as a remittance and transfer company.
Ng said the firm is aiming to make the Manila hub “a long-term strategic asset” as Revolut pushes further into Asian markets. “Our growth ambition in the region—especially in remittances, cards, and digital banking—requires a strong operational foundation. This hub gives us the scale and agility to deliver that.”
The UK government has backed the move. “Revolut’s expansion to the Philippines is a powerful vote of confidence in the country’s talent pool,” said Martin Kent, the UK’s Trade Commissioner for Asia Pacific, who was present at the launch. “This is a flagship example of British innovation creating opportunities across borders.”
Philippine Finance Secretary Ralph G. Recto welcomed the investment, calling it “a win for our digital economy agenda” and a sign of the country’s competitiveness in attracting high-value global tech firms.
Founded in 2015, Revolut now serves over 60 million customers worldwide and offers services including foreign exchange, payments, crypto trading, and personal finance management. While it has yet to secure a banking licence in major markets like the UK, its strategy of entering new geographies through modular regulatory permissions has helped it scale rapidly without relying on traditional branch infrastructure.
The Manila hub marks Revolut’s second major global expansion initiative this year, following its application for a restricted licence in Singapore and the rollout of localised services in several Southeast Asian markets.
