Financial superapp Revolut is moving away from its ‘remote-first’ work model for graduates and interns, who will be expected to work from the office three days a week.
The London-based fintech has long allowed its entry level talent to work flexibly as part of its broader work policy, but that is set to change from next year, the Financial Times reported, citing people familiar with the matter.
Revolut is hiring more than 300 graduates and interns this year, according to the same report.
Grads who complete the programme from 2027 and are offered full-time positions will move onto standard remote contracts.
This is a partial move away from the digital bank’s fully flexible model that allowed employees to choose to work from home, the office or even abroad for up to 120 days a year.
A Revolut spokesperson confirmed the change for next year’s graduates and said the fintech recognises early-stage workers benefit from “in-person collaboration and monitoring”.
“For all other employees, our remote-first policy is unchanged,” the spokesperson said.
Revolut’s flexible working approach is a key recruitment tool in the fintech’s arsenal as the approach contrasts significantly with the large incumbent banks Revolut seeks to challenge.
JPMorgan brought its entire workforce back to the office five days a week from March last year, scrapping the hybrid arrangement that had covered roughly 40% of staff. Goldman Sachs CEO David Solomon branded homeworking an "aberration" in 2021.
Revolut has also made significant investments in physical office space in recent years.
In September last year, its global headquarters moved to the 113k square feet YY building in Canary Wharf in London. In April, Revolut signed a 10-year lease on a 26k square feet building on Rue Réaumur in Paris's Bourse district to house its Western Europe headquarters, due to open in early 2027.
