Revolut applies for US banking licence in push to crack American market
London-based fintech says move influenced by Trump administration’s willingness to permit new players
Related reading
Revolut weighs buying US bank to get licence
Acquisition would be faster route for fintech to start lending in US than applying for permit of its own
Revolut scraps US merger plans in favour of push for standalone licence
UK-headquartered fintech had hoped to secure banking charter through buying an American lender
Revolut prepares to launch private bank as it woos wealthy
Europe’s largest fintech awarded licence to provide complex financial instruments to clients
Revolut’s full UK banking licence held up by concerns over global risk controls
Europe’s most valuable start-up has waited years for approval to begin lending in its home market
Revolut profits surge to record £1.7bn
UK fintech benefited from growing market share and fees from card payments
Revolut offers former staff chance to cash out at 30% discount
Fintech completed funding round at $75bn valuation in November