Revolut Launches Australian Banking Entity After Regulatory Nod
15 Articles
15 Articles
Revolut Gets Australian Bank License as Firm Deepens Growth Push
Revolut Accelerates Global Banking Expansion with Landmark APAC Licence, Launches Revolut Bank Australia
Revolut, the global financial leader with more than 75 million customers worldwide, today announced a pivotal milestone in its mission to build the world’s first truly global bank. The company has been granted an independent Authorised Deposit-taking Institution (ADI) licence by the Australian Prudential Regulation Authority (APRA), marking its official launch as a licensed bank in Australia and its first banking entity in the APAC region. The l…
Revolut Australia Secures License to Challenge Big Four
London, 21 July 2026 — EBM Newsdesk Analysis — By Katie Winearls The Australian Prudential Regulation Authority has granted Revolut a full, unrestricted authorised deposit-taking institution licence, making it the first global fintech to hold one in the country and giving Revolut its first banking licence anywhere in the Asia-Pacific region. The company can now take deposits protected under the Financial Claims Scheme up to A$250,000, and offer …
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