7 Articles
7 Articles
A purchase would allow British finech to expand in the United States faster than it would request a bank licence on its own account.
Revolut mulling US bank acquisition to accelerate licencing process
Revolut is reportedly considering the purchase of a US banking institution as part of its strategy to rapidly obtain an American banking licence, while it continues to await similar approval in the UK. The fintech is exploring the acquisition of a nationally chartered bank, which would enable it to offer lending services in the US, reported Financial Times citing sources familiar with the situation According to these sources, acquiring an existi…
Revolut Eyes US Bank Buyout to Accelerate American License Bid
British fintech and neobank Revolut is considering acquiring a US bank to accelerate its entry into the American market. According to a recent report by The Financial Times, published on 30 July 2025, Revolut is eyeing the acquisition of a nationally chartered bank that already holds a license. If this goes through, Revolut will be able to skip the often-lengthy procedure of acquiring a banking license from scratch. By shortening the process of …
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