British Fintech Giant Revolut Prepares Israeli Market Entry

British financial technology company Revolut is accelerating its preparations to enter the Israeli market by expanding its workforce in the country. According to the business publication "Calcalist," many of the new positions are directly related to banking operations, including lending, regulation, risk management, debt collection, anti-money laundering efforts, and overall bank operations. The company is actively seeking candidates for roles such as credit product managers, banking operations managers, debt collection specialists, and compliance officers.

"Calcalist" reports that Revolut is not only recruiting for service promotion but also for specialists in lending, banking operations, and adherence to local Israeli laws. This hiring strategy suggests the company is preparing to launch full banking services in Israel. For instance, one job posting requires candidates to possess in-depth knowledge of Bank of Israel regulations, Israeli consumer protection and personal data laws, and experience working with risk management and compliance departments.

Revolut is currently in the process of hiring staff and obtaining a license that will enable it to offer a broader range of financial services in Israel. "Calcalist" previously reported in June 2025 that Revolut was in discussions with the Bank of Israel regarding a license under a "limited banking services" model. This type of license would permit the company to accept deposits and directly compete with established local banks.

To lead its Israeli operations, Revolut has appointed Uri Natan, the former CEO of the digital bank Pepper. The company aims to compete in the Israeli market, which is currently dominated by five major banks. Revolut has grown significantly beyond its origins as a small payment app, now serving over 80 million customers globally with more than 13,000 employees worldwide. The specific launch date for its services in Israel has not yet been announced.