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Revolut pays for new US office in Bitcoin

By Alexandra Leonards

London-based FinTech Revolut has announced that it is paying for a new US office in cryptocurrency.

As part its wider US expansion, the company is opening a new site for 300 employees in Dallas, all paid for in Bitcoin.

“Revolut is always looking to push the boundaries of innovation, be it in financial services or workplace experience,” said Rhebeckha D’Silva, Revolut global head of real estate. “We’re excited to continue on our rapid growth trajectory with an innovative partner like WeWork that affords us the flexibility to pay using cryptocurrency – a technology whose future we vehemently believe in – as Revolut expands in the US and around the world.”

Revolut has plans to repurpose all of its offices into ‘flexible collaborative spaces’, opening sites with WeWork in Berlin, Dallas, Dublin, Melbourne, Moscow, Singapore, and New York.

“Since launching our financial superapp in the US last March, we’ve been consistently refining our product to offer customers across the country greater visibility and control over their financial lives,” added Ron Oliveira, Revolut’s US chief executive. “In 2021, Revolut remains committed to our U.S. expansion and we look forward to further growing Dallas as a tech hub through our new office space and hiring initiatives.”

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