Revolut just picked up the keys to one of Europe’s most important banking markets. The fintech company’s French entity, Revolut Bank SA, has received a full banking license jointly approved by France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the European Central Bank, with the ECB Governing Council formalizing the decision.
France becomes Revolut’s second full EU banking hub, following Lithuania.
A dual-hub strategy across six countries
The French license isn’t just about serving the French market. It’s the foundation for a dual-hub model that will let Revolut gradually expand into Germany, Ireland, Italy, Portugal, and Spain. The Lithuanian entity will continue managing operations across other European Economic Area markets.
The French license enables Revolut to offer products that require full banking authorization, including lending and regulated savings accounts for both retail and business customers.
