Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heavyweights such as Ant Financial’s Alipay and Tencent’s WeChat Pay.
According to a pitch deck shared with investors during a secondary share sale last year, the company is actively evaluating “hiring, licensing [and] scoping” opportunities in the Chinese market.