Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license

British financial technology firm Revolut announced Thursday that it’s planning to move its official headquarters in London to Canary Wharf, the city’s major financial district.

Revolut will relocate its global headquarters to the YY London building in the center of Canary Wharf. The company has agreed a 10-year lease for the building.

As a result, Revolut will increase its office footprint by 40% to 113,000 square feet and take up four floors.

It plans to display its logo on two signs on the sides of the new building – mimicking the trend of legacy bank brands, such as HSBC, Barclays, and Citigroup. Revolut said the signs remain subject to planning permission.