WeWork Accepts Bitcoin As Payment For Coworking Space
USA – WeWork announced last week that London-based fintech firm Revolut is its first enterprise client that has paid cryptocurrency, particularly Bitcoin (BTC), to take up the latter’s coworking space.
Earlier this year, the New York-based coworking space provider stated that it has begun accepting payments in cryptocurrencies and it has teamed up with crypto payment processor BitPay for such.
“Revolut is always looking to push the boundaries of innovation, be it in financial services or workplace experience. We’re excited to continue on our rapid growth trajectory with an innovative partner like WeWork that affords us the flexibility to pay using cryptocurrency – a technology whose future we vehemently believe in, as Revolut expands in the US and around the world,” said Rhebecka D’Silva, Global Head of Real Estate at Revolut.
In the latest transaction, Revolut will lease flexible office space for over 300 of its employees at WeWork’s outlet at 6900 Dallas Parkway in Dallas. The area represents the hub for the financial superapp’s expansion in the United States and it is also poised to be its biggest office space in the country.
Aside from that, Revolut revealed it has signed an agreement with WeWork to allow more flexible working for the fintech firm’s staff across the globe. Specifically, the partnership will allow the financial firm to redesign its workplaces in New York, Moscow, Berlin, Dallas, Dublin, Melbourne, and Singapore as flexible office space.
“WeWork is excited to be Revolut’s global real estate partner. We look forward to supporting their new standard for the future of work, with a progressive employee-led approach that prioritises flexibility, collaboration and choice,” said Nick Giraudeau, Global Head of Financial Services Sales at WeWork.
He added that “flexibility is essential for growing companies, and by supporting transactions in cryptocurrency, we can offer choice and convenience while supporting Revolut’s innovative business.”