In brief: Revolut (re)applies for a licence in the United States

The neobank of British origin Revolut pursues its great ambitions for international expansion for its services. It has just announced the filing of its application for a U.S. national banking licence and at the same time has appointed a new CEO for the U.S., marking a key step in its expansion into North America.

The purpose of this application to the US authorities is to provide Revolut with national regulatory coverage and the possibility of directly interacting with federal payment systems, which would facilitate the distribution of new banking products (credit, deposits, cards) and create a unified user experience.

The arrival of Cetin Duransoy as head of US operations is a sign of a strengthening of local expertise to drive this strategic phase of expansion and diversification.

An older continuity of ambition

Revolut had already started in 2021 an approach to obtain an American bank license, the official demand of 2026 being part of the continuity of its US expansion ambitions. The 2026 approach is thus a continuation of this long-term work, aimed at achieving complete banking autonomy in the United States to provide a comprehensive and competitive portfolio.

Key figures

• Over 70 million customers worldwide
• Presence in 40 markets, ambition to open 30 more by 2030 to reach 100 million customers by mid-2027
• Recent stages: licensing and launching in Mexico, India, the United Arab Emirates, and opening of a new global headquarters in London
• Value at $75 billion

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