【Revolut plans to invest over $1.1 billion in France and apply for a local banking license】On May 19, according to Cointelegraph, Revolut plans to invest over 1 billion euros (approximately $1.1 billion) in France and apply for a local banking license. A representative from Revolut announced this plan at a business summit hosted by French President Macron in Paris on Monday. The London-based neobank also plans to establish its new headquarters in Paris to serve the EU market, promising to invest 1 billion euros within three years and hire at least 200 people.