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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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September 3, 2026
On the web
UK Fintech Revolut Gains Conditional US Banking License
Yahoo Finance
"British digital bank Revolut announced it has won conditional approval for a US banking license, bringing it a major step closer to launching as a national bank in the United States. The approval by the US Office of the Comptroller of the Currency opens the door to Revolut eventually offering loans, credit cards and insured deposits to US customers directly. Revolut said it is working with authorities to launch the US bank in 2027. The fintech previously relied on partnerships with US banks to provide banking services. "
August 26, 2026
On the web
Revolut Is Launching a Euro Stablecoin Into a Market Mica Handed to an American Company
TNW
"Revolut is launching a euro-backed stablecoin. The neobank is also one of the 36 firms the ECB picked for its digital euro pilot, which means it is now building the private euro token and helping test the public alternative to it at the same time. The regulatory backdrop is what makes this interesting. MiCA requires major stablecoin issuers to hold at least 60% of reserves in EU bank deposits, a rule designed to keep euro stablecoins anchored in Europe."
August 10, 2026
On the web
Revolut Receives French Banking Licence
Disruption Banking
"Revolut Bank S.A. (RBSA) has been granted a full banking licence marking a historic milestone in Revolut’s European journey. Revolut already serves about 30M customers across Western Europe, with close to 8 million joining in 2025 alone. The French banking licence strengthens the group’s position as one of Europe’s largest retail banks."
July 30, 2026
On the web
Revolut to Offer ChatGPT Subscriptions in OpenAI Deal [UK]
UKTN
"Fintech Revolut will give its retail customers access to ChatGPT Go as part of a new partnership with OpenAI. ChatGPT Go is a medium tier subscription for the AI chatbot that typically costs users a monthly fee of £7. Revolut will offer retail customers on its Metal and Ultra subscriptions free access to the premium tier of ChatGPT 12 months, while the cheaper two Revolut subscriptions will offer ChatGPT Go for three and six months respectively."
July 22, 2026
On the web
Revolut Launches as Licensed Australian Bank After APRA Approval
Yahoo Finance
"Revolut has received an independent authorised deposit-taking institution licence from the Australian Prudential Regulation Authority (APRA). The approval marks the neobank's official debut as a licensed bank in Australia. It is also Revolut's first banking entity in the APAC region."
June 25, 2026
On the web
How South Africa Became Revolut’s First African Market
TechTrendsKE
"In March, British fintech giant Revolut applied for a U.S. national banking charter as part of an ambitious plan to expand its presence across major financial markets. A few months later, the company revealed that South Africa would become its first destination in Africa, with a launch targeted for 2028 pending regulatory approval. The sequence helps answer an increasingly important question: why did Revolut choose South Africa for its first African market?"
June 16, 2026
On the web
Visa Expands Click to Pay with Revolut, Bringing Frictionless Online Checkout to Millions Across Europe
Intelligent CIO Europe
"Visa has launched Click to Pay for eligible Revolut Visa cardholders marking a significant scale moment for Visa Click to Pay in Europe. Click to Pay is a global standard and capability for online checkouts that removes the need to manually enter card numbers, passwords or one-time codes. Designed to work across devices, browsers and participating merchants, it allows Revolut customers to pay seamlessly at checkout with any merchants participating in Click to Pay – both domestically and when shopping online internationally."
June 12, 2026
On the web
Europe’s Most Valuable Fintech Faces Banking-Supervision Reality
EU Today
"The issue is not whether Revolut is a successful fintech. It is one of Europe’s most prominent technology businesses. The London-based company has secured a full UK banking licence after a prolonged regulatory process, and has built a business that extends beyond foreign exchange and card payments into savings, investments, crypto, lending, subscriptions and other financial products. The question is whether the internal controls of a fast-moving digital bank can keep pace with the scale and complexity of the products it wants to sell."
June 4, 2026
On the web
Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One
Converge
"The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on."
June 3, 2026
On the web
Revolut Offers Visa and Mastercard with No Visible Card Number as a New Security Feature
NotebookCheck
"The neobank Revolut has rolled out a new security feature in its app. According to an in-app announcement, users ordering a new debit card—whether Visa or Mastercard—will no longer have the card number printed on the physical card. However, it will still be possible to opt for a card with the number printed on it if desired. When paying with this card in public, users no longer risk someone copying the card number, security codes, and expiration date, or filming them with a security camera, smart glasses, or a smartphone. The numberless card thus catches up with Apple Pay and Google Wallet."
May 4, 2026
On the web
Revolut’s Number of Customers: From 50 Million to 70 Million, and Counting
Revolut
"We’ve officially surpassed 70 million Revolut customers globally — up from our 50 million in November 2024; We added 16 million new customers in 2025, well on our way to reaching 100 million customers by mid-2027; We posted $6 billion in revenue in 2025 (up 46% year-on-year), $2.3 billion in profit before tax, and reached a $75 billion valuation; We now operate in over 40 countries, working towards our goal of going live in 100 countries"
April 28, 2026
On the web
Revolut to Open Store in Barcelona, Marking First Move Into Physical Retail
Tech EU
"Revolut is to open a retail store in Barcelona, marking its first move into retail bricks and mortar. Called Revolut Store, it will be located in the heart of Barcelona, according to Spanish media. According to Revolut, the idea behind the store is to make the Revolut brand more accessible and its products easier to discover. A spokesperson for Revolut, which is valued at $75bn, said: “This will not be a temporary pop-up, but a permanent space. A high-visibility, immersive space that will bring our ecosystem to life.”
March 12, 2026
On the web
Revolut Launches UK Bank
Revolut
"Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd. Revolut Bank UK Ltd is set to roll out new banking services for its 13 million UK customers, with deposit accounts protected by the Financial Services Compensation Scheme (FSCS). Current accounts to roll out gradually for new customers in the coming weeks; nothing currently changes for existing customers to ensure smooth transition."
March 5, 2026
On the web
Revolut Files for US Bank Charter, Names Duransoy as US CEO
Yahoo Finance
"Britain's Revolut applied for a U.S. bank charter and appointed former Visa executive Cetin Duransoy as its new CEO for the United States, the fintech company announced. Revolut, which has about 70 million clients in 40 markets, is setting its sights on the lucrative U.S. market. If its applications are approved by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, Revolut plans to broaden its U.S. business to gather deposits, make loans, issue credit cards and facilitate payments."
March 3, 2026
On the web
UK Fintech Firm Revolut Opens India Waitlist for Digital Payments
Tech In Asia
"Revolut will launch an INR-only prepaid wallet with UPI integration and Visa cards for domestic and international use. The wallet will support peer-to-peer transfers, merchant payments, budgeting tools, and UPI transfers via QR codes, phone numbers, and contacts, subject to NPCI limits, plus recurring payments and biometric authentication."
January 23, 2026
On the web
Revolut Scraps US Bank Acquisition in Push for Standalone Licence, Reports Say
Sifted
"Revolut has scrapped plans to buy a US lender and instead apply for its own American banking licence, reports say. Europe’s most valuable fintech had previously sought to acquire a US bank as a means of attaining a US licence, but is now betting on the Trump administration’s light-touch regulatory approach to win approval on its own, the Financial Times reports."
December 3, 2025
On the web
Revolut: Get Extra Protection on the Move With Street Mode
Revolut
"Street Mode is a powerful new addition to Revolut's Wealth Protection feature. Once activated, it delays outgoing transfers over your chosen limit while you’re away from trusted locations to keep your Revolut account safe from potential fraudsters. Then it asks for extra confirmation to make sure you — and only you — are in control."
October 8, 2025
On the web
UK’s Revolut to Launch India Payments Platform, Eyes 20 Million Customers by 2030
Yahoo Finance/Reuters
"London-based digital finance firm Revolut said it will launch its payment platform in India, its first foray into one of the world's largest digital payments markets, as part of a planned global expansion. Revolut will let Indian users make domestic and international payments via its tie-ups with the Unified Payments Interface and Visa, starting with 350,000 waitlisted customers later this year before opening to others."
September 3, 2025
On the web
Revolut Explores Expansion to the US
Banking Exchange
"Revolut is reportedly considering the acquisition of a US bank as part of efforts to accelerate its expansion in the American market, where it has been building its customer base since 2020. The acquisition of a nationally chartered bank with an existing license would enable the UK’s largest digital bank to sidestep the lengthy process of obtaining a charter from scratch."
July 8, 2025
On the web
Revolut Partners With Ant to Enable Alipay Transfers to China
The Asian Banker
"Revolut has partnered with Ant International, a global digital payment and financial technology provider. This partnership allows Revolut customers globally-especially overseas Chinese to send money to China in Chinese yuan, with the recipient’s Alipay ID, powered by Ant International’s global remittance solutions. China remains one of the top five global recipients of remittances in 2024, with an estimated inflow of $48 billion."
June 4, 2025
On the web
Revolut to Install First ATMs in Spain, Plans to Reach 200 by 2026
Finance Magnates
"British fintech firm Revolut will launch its first automated teller machines (ATMs) in Madrid and Barcelona, two major Spanish cities. These ATMs will allow non-registered users to obtain a Revolut debit card on the spot and use it without any charge."
June 3, 2025
On the web
Can Revolut Compete With American Express?
Payments Culture
"Revolut is looking to compete with American Express (Amex) by offering a rewards-based credit card product in the UK. The startup-focused news outlet Sifted reported: Revolut is in the early stages of developing a points-based credit card, putting it in direct competition with incumbents such as American Express."
April 9, 2025
On the wires
Lithuania Fines Revolut 3.5 Million Euros for Money-Laundering Prevention Failures
Reuters
"Lithuania's central bank has fined Britain's most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday. The British fintech company, which is headquartered in London, is operating in the European Union under a Lithuanian licence and is under the supervision of the European and Lithuanian central banks."
April 8, 2025
On the web
Revolut Secures RBI Approval for Payment Interfaces and Digital Wallets
India Banking News
"Revolut, a British fintech major, has received the final authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), including prepaid cards and digital wallets with Unified Payments Interface (UPI) integration. This authorization makes Revolut the first non-banking player to receive permission to issue PPIs in India."
December 17, 2024
On the web
Revolut Launches the Italian IBAN and Its Official Branch in Italy
The Cryptonomist
"Revolut, the global financial super app, has officially announced its branch in Italy and the new possibility of being able to offer its customers the Italian IBAN."
November 18, 2024
On the web
Revolut to Launch UK, EU Stock Trading With New License
BNN Bloomberg
"Revolut Ltd., Europe’s most valuable fintech, will offer trading of UK and EU-listed stocks from next year. The London-headquartered company — which recently secured a UK banking authorization — has received approval from the Financial Conduct Authority as an investment firm which permits it to expand its services, it said in a statement Monday."
October 15, 2024
On the web
Revolut Takes on Square and Sumup With Payment Terminal for Larger Businesses
CityAM
"Fintech giant Revolut is stepping up its challenge to the likes of Square and SumUp with a new payment terminal for larger businesses and retailers. The London-based banking firm is set to roll out the device, called Revolut Terminal, in the UK and Ireland ahead of the busy festive season in a push to grow its business-to-business offering."
August 29, 2024
On the web
Visa Partners With Revolut
Yahoo Finance
"Visa has collaborated with Revolut to enable Instant Card Transfers for Revolut Business customers. This global agreement follows Revolut and Visa’s collaboration to offer card transfers powered by Visa Direct for peer-to-peer payments to 90 countries in the world in 2023 and the launch of Visa virtual cards for businesses focused on the B2B travel sector in 2024."
July 25, 2024
On the wires
Revolut Gets UK banking Licence, Ending Three-Year Wait
Reuters
"Financial technology firm Revolut has received a UK banking licence with some restrictions, it said on Thursday, ending a three-year wait for the authorisation that will enable it to compete more directly against Britain's biggest banks."
January 25, 2024
On the web
Revolut Launches Mobile Wallets, Allowing for Faster Transfers Across the World
Revolut
"Revolut, the global financial super app with more than 35 million customers worldwide, today launches Mobile Wallets, a new quick and easy option to sending money abroad."
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