The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
400 jobs Number of planned job creations
Announcement Date
2 September 2019
Employment effect (start)
1 January 2020
Foreseen end date
Description
Financial technology company offering banking services Revolut announced the creation of 400 new positions in Matosinhos, Porto. The company plans to open its new global operational support centre by the end of 2019. The new positions are expected to include roles in the areas of customer support, complaints, investigation and compliance. The company invested around €4 million in the centre, which will be the second largest in Europe.
The company has currently 70 employees and 250,000 customers in Portugal.
Eurofound (2019), Revolut, Business expansion in Portugal, factsheet number 98598, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98598.
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