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Revolut plans to open a US bank in 2027 that will pair FDIC-insured accounts with stablecoin services in the same app. US chief executive Cetin Duransoy disclosed the plan in a Reuters interview on Wednesday. The British neobank counts 70 million customers globally and was valued at $75 billion in a November 2025 secondary share sale.
The entity will be called Revolut Bank US, N.A. and headquartered in Stamford, Connecticut, with a second office in New York, per Duransoy. Product scope spans FDIC-insured checking and high-yield investment accounts, multi-currency deposits, stock and crypto trading, and stablecoin access on a single platform. Revolut filed for a national bank charter with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation on March 5, and has committed $500 million in US investment to back the application.
The structural point is that a tier-one fintech is entering US banking with stablecoins designed in as a core product rather than bolted on later. SoFi Technologies, the only US national bank that currently offers a proprietary stablecoin, was granted its charter in January 2022. It did not launch SoFiUSD inside its banking app for retail customers until May 27 of this year. Revolut would arrive in 2027 with that integration as the launch product.
