Revolut scales back WeWork access for premium subscribers after fee increase
Revolut is reducing workspace benefits for some of its highest-paying subscribers after changes to its agreement with WeWork. The rollback affects access to sought-after European locations including Paris, Brussels, Milan and London, while the fintech seeks to preserve the perk without passing higher costs on to customers.
Highlights
- Revolut premium users lost access to multiple WeWork 'on demand' offices in Paris, Brussels, Milan, London, Edinburgh, Dublin, and Prague after a fee increase.
- From August, access shrinks to about 265 WeWork locations—over half in the U.S.—reducing European benefits despite Revolut's core market focus there.
- Revolut generated more than £700 million in subscription revenue in 2025, up nearly 70% year-over-year, highlighting the growing importance of paid memberships.
Revised partnership narrows European access
As first reported by Financial Times, Revolut premium users have in recent weeks lost access to a range of WeWork "on demand" offices in Europe after the workspace provider sought higher fees for the arrangement.People familiar with the matter said subscribers were not notified in advance of the changes. The affected locations include sites in Paris, Brussels, Milan, London, Edinburgh, Dublin and Prague, with some cities now left without any WeWork access for Revolut customers.
One person familiar with the negotiations said the companies renegotiated the deal to avoid withdrawing the benefit entirely or passing increased costs on to subscribers. The person added that the original partnership had been agreed at a rate significantly below market levels and that the new pricing remains competitive.
WeWork said "economic factors" drove its decision to scale back access, citing higher occupancy levels and stronger demand in certain locations. Revolut said benefit availability can change due to various requirements but that it remains committed to offering members premium workspace solutions and other global lifestyle benefits.
Subscription economics and customer impact
Workspace access is a prominent feature of Revolut's paid membership strategy, which is becoming a larger contributor to the fintech's business. The company generates more than £700 million in subscription revenue in 2025, up nearly 70% from the previous year.Revolut's £55-a-month Ultra plan includes three one-day WeWork passes each month, while its £14.99 Metal plan includes one pass. The company uses such partnerships, alongside gym classes, dating app perks and media subscriptions, to make paid plans more attractive than buying each service separately.
Under the new agreement, effective from the beginning of August, premium subscribers have access to about 265 WeWork locations. More than half of those sites are in the U.S., where Revolut has a smaller presence than in Europe, highlighting a mismatch between the remaining footprint of the benefit and the fintech's core regional market.
The changes are particularly notable in Paris, where Revolut is preparing to open a new European headquarters, and in cities such as Brussels, Edinburgh and Milan, where subscribers no longer have access to any WeWork sites. WeWork said Revolut remains a valued partner and that it will continue to provide flexible workspace access across its global portfolio.
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