Jul 21, 2026 – 10.45amRevolut has been granted a banking licence by Australia’s prudential regulator in a major coup for the global fintech as it bids to lure customers from major banks after creating a financial services super app.The London-based company said it had opened Revolut Bank Australia on Tuesday, after securing an unrestricted licence from the Australian Prudential Regulation Authority. It was awarded a similar licence in the United Kingdom in March.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles