Why is Revolut Growing its Singapore-Based Workforce?

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Raymond Ng, CEO of Revolut Singapore and Southeast Asia
After doubling its headcount at its Singapore base between 2024 and 2025, Revolut plans to grow its workforce and increase its presence in Southeast Asia

Revolut has announced it plans to triple its Singapore-based workforce over the next three years. 

Supported by Singapore Economic Development Board’s investment unit EDBI, Revolut says this move is designed to support the company in improving its product innovation strategy and increasing its presence in Singapore. 

Discussing this expansion Victor Stinga, Chief Financial Officer of Revolut, says: “This strategic investment from EDBI is a strong endorsement of Revolut’s long-term vision in Asia and of Singapore’s role as our regional anchor. 

“It strengthens our ability to invest with discipline and ambition, scaling our product capabilities, deepening our regional presence and building resilient operations to support sustained growth." 

Victor Stinga, Chief Financial Officer at Revolut (Credit: Revolut)

Talent density at Revolut

In a 2025 company podcast 'Building talent density: Insights from Sequoia Capital and Revolut', Andrei Oprisor, Head of Revolut People, explained that the company’s recruitment process is built on three core pillars. 

When assessing candidates, hiring managers look closely at their track record of impact, assess their skills in action and seek out diverse attitudes and perspectives that can add to the company culture.

Andrei Oprisor, Head of Revolut People

Andrei says: “You don't want to end up with an organisation of mercenaries. You want visionary employees – people who truly care about the problems you are solving and get a sense of purpose from what they are doing.”

This approach, Andrei explains in the podcast, is centered around developing talent density – a high concentration of top performers within a business. 

High talent density in an organisation can help build a culture of growth and allow for less rigid processes, as high performers are less likely to need to be closely managed. 

For Revolut, assessing skills is of particular importance when hiring top talent. 

Alongside sending in a CV, many Revolut candidates will be asked to complete a skills test based around the tasks in the role. 

The top performers from these skills tests are then automatically shortlisted, and their CVs are reviewed. According to Revolut, this has cut time to hire by 30-40% while still maintaining a high talent standard. 

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Building a high performing team in Singapore

As it strengthens its Singapore hub to support its expansion into Asia, Revolut says it plans to build high-skilled teams across product development, engineering, data and artificial intelligence. 

This expansion comes after significant growth for the company’s presence in Singapore, doubling its workforce between 2024 and 2025. 

Changes such as these have led to Revolut Singapore achieving Great Place to Work Status, awarded based on employee feedback.

According to the Great Place to Work recognition, the company was awarded this due to its culture of innovation and employee satisfaction.

In particular, its ‘Dream Team’ approach – where the company operates like a “professional sports team” that will “hire, develop and place elite athletes where they can win” has created a culture of high performance that is helping the company's rapid growth in Singapore be more successful. 

Raymond Ng, CEO of Revolut Singapore and Southeast Asia, shared the news on LinkedIn, saying: “I’m incredibly proud of our Dream Team in Singapore. Their drive, curiosity and commitment to excellence are what make Revolut Singapore the place it is today – and what will take us even further tomorrow.”

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