Revolut Eyes US Banking License to Accelerate Global Expansion

[madmax]

Crypto-friendly fintech giant Revolut is reportedly planning to apply for a US banking license, marking a strategic shift away from earlier plans to acquire a local American lender. According to the Financial Times, the UK-based company has been in talks with US regulators about pursuing a license through the Office of the Comptroller of the Currency (OCC).

If confirmed, the move would represent a major milestone for Revolut, which unveiled a $13 billion global expansion strategy in 2025. Fresh off a November share sale that valued the firm at $75 billion, Revolut appears focused on scaling directly in the US market rather than buying its way in through an acquisition.

[cryptobro]

getting a us banking license directly instead of buying a local bank is smart. faster, cleaner, and avoids branch headaches.