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Revolut Cuts WeWork Access After Fee Hikes

Financial Times Companies •
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Revolut’s premium subscribers lost access to select We Work offices in Europe after the fintech balked at increased fees from the shared workspace provider. The changes, effective August 2026, affect sites in London, Paris, Brussels, Milan, Edinburgh, Dublin, and Prague. Revolut did not notify users, citing negotiations to avoid passing costs to subscribers. We Work attributed the decision to economic factors and higher demand.

Revolut’s partnership with We Work is a key perk for its higher-tier subscribers, who contributed £700mn in revenue in 2025—a 70% annual increase. The ‘ultra’ plan offered three We Work passes monthly, while the ‘metal’ tier included one. We Work cited occupancy and demand as reasons for scaling back access. The new deal grants premium users 265 sites globally, with over half in the US. Revolut emphasized continued commitment to workspace benefits, while We Work called Revolut a ‘valued partner.’

The shift leaves Revolut subscribers without We Work access in key European cities, including Paris, where Revolut plans a new headquarters. Negotiations revealed the original fee was below market rates, but the revised deal remains competitive. Both companies stressed ongoing collaboration despite the adjustments.